The GDP deflator provides a measure of which of the following?
A) the ratio of GDP to the size of the population
B) the ratio of GDP to the number of workers employed
C) the ratio of nominal GDP to real GDP
D) the price of a typical consumer's basket of goods
E) real GDP divided by the aggregate price level
C
Economics
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The most important barrier to entry is economies of scale
Indicate whether the statement is true or false
Economics
Using the fiscal year 2014 estimates, the largest component of federal revenue is the
A) individual income tax. B) corporate income tax. C) excise tax. D) social insurance and contributions.
Economics