menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Theories and Policies
  4. Exam
    Exam 2: Measurement of Macroeconomic Variables
  5. Question
    The Index That Measures the Change in Price of a Typical
Solved

The Index That Measures the Change in Price of a Typical

Question 45

Question 45

Multiple Choice

The index that measures the change in price of a typical basket of consumer goods is


A) the GDP deflator.
B) the consumer price index.
C) nominal GDP.
D) real GDP.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q40: The investment component of GDP includes<br>A)residential construction

Q41: Suppose that Firestone Tires buys raw rubber

Q42: Gross domestic product includes<br>A)all intermediate and final

Q43: Which of the following are not included

Q44: Chain-weighted GDP deflator inflation differs from GDP

Q46: Which of the following is true about

Q47: Which of the following governmental expenditures are

Q48: The calculation of potential output in the

Q49: In 1996,an advisory commission,appointed by the Senate

Q50: What was the largest and most important

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines