Multiple Choice
One way to measure asset inflation is to:
A) multiply the GDP deflator times nominal net worth; if it increases, there is asset inflation.
B) multiply the GDP deflator times real net worth; if it increases, there is asset inflation.
C) divide GDP by nominal net worth; if it increases, there is asset inflation.
D) divide nominal net worth by GDP; if it increases, there is asset inflation.
Correct Answer:

Verified
Correct Answer:
Verified
Q78: Draw a short run and long-run Phillips
Q79: Inflation is undesirable because it:<br>A)always makes the
Q80: The short-run Phillips curve tells us, in
Q81: Suppose the money supply increases by 10
Q82: Unexpected inflation redistributes income from lenders to
Q84: If the economy is at Point A
Q85: A reason why the quantity theory of
Q86: If inflation was 3 percent last year
Q87: Economist's understanding of the costs and benefits
Q88: Inflation frees policy makers from:<br>A)the 2.5 percent