Multiple Choice
In the event of deflation,or negative inflation,then
A) real GDP is always lower than nominal GDP
B) real GDP is always lower than nominal GDP after the base year.
C) real GDP is always lower than nominal GDP.
D) real GDP is always higher than nominal GDP before the base year.
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q1: The most volatile component of GDP over
Q3: Profits earned in the United States by
Q4: Government purchases of goods and services<br>A)consist of
Q5: Which of the following indices best signals
Q6: In the national income accounts,investment includes all
Q7: In the United States,an official dating of
Q8: The CPI overestimates inflation because<br>A)it often ignores
Q9: Assume that gross national product amounts to
Q10: If the value of a price index
Q11: The primary emphasis in U.S.national income accounts