menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 57
  4. Exam
    Exam 7: Measuringgdp
  5. Question
    The Value of the GDP Deflator in the Base Year
Solved

The Value of the GDP Deflator in the Base Year

Question 23

Question 23

Multiple Choice

The value of the GDP deflator in the base year is always:


A) 103.
B) 100.
C) 4 percent.
D) 97.

Correct Answer:

verifed

Verified

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

Related Questions

Q18: If consumption is $6 trillion, investment is

Q19: Which of the following is a consumption

Q20: Given the annual price deflator information (https://fred.stlouisfed.org)

Q21: Which idea does the circular flow model

Q22: The GDP deflator measures the overall change

Q24: What are the four components that make

Q25: Gross domestic product is the sum of:<br>A)

Q26: One limitation of using GDP per capita

Q27: What are U.S. imports?<br>A) U.S. goods sold

Q28: The value-added approach of calculating GDP:<br>A) is

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