An increase in the demand for rubles causes the ruble to appreciate

When the government produces and sells water, some of the revenues earned represent taxation

a. True b. False

Is it possible to have a GDP deflator of less than 100?

A. Yes, it would indicate a year when prices were lower than in the base year. B. Yes, it would indicate a year when output was lower than in the base year. C. No, that is mathematically impossible for the deflator to be less than 100. D. Yes, it would indicate a year when prices were lower than in the previous year.