Multiple Choice
The statistic economists use to measure the value of economic output is:
A) the CPI.
B) GDP.
C) the GDP deflator.
D) the unemployment rate.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q8: In 2017, the real GDP of Canada
Q9: Exhibit: Totals Recorded for Canada <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8615/.jpg"
Q10: All of the following are flows variables
Q11: Assume that apples cost $0.50 in 2012
Q13: The GDP deflator is equal to:<br>A)the ratio
Q21: In principle, the GDP accounts should-but do
Q26: If total investment (measured in billions of
Q30: Real GDP means the value of goods
Q80: The CPI is a:<br>A) Laspeyres price index.<br>B)
Q92: The economic statistic used to measure the