Multiple Choice
Prices for which of the following are included in the GDP deflator, but not included in the consumer price index?
A) Intermediate goods and services.
B) Consumption of services.
C) Consumption of goods.
D) Firms' purchases of new equipment.
E) Purchases of imported goods.
Correct Answer:

Verified
Correct Answer:
Verified
Q26: In a given year, suppose a company
Q27: Which of the following calculations will yield
Q28: Suppose nominal GDP in 2011 increased by
Q29: First, what do discouraged workers represent? Second,
Q30: Explain the empirical relation known as Okun's
Q32: Hedonic pricing is used to:<br>A) obtain chain-
Q33: Which one of the following represents an
Q34: Deflation generally occurs when which of the
Q35: The Phillips curve is an empirical relation
Q36: Suppose government officials decide to change the