Multiple Choice
If the per-unit prices of the three goods were each $1 in a base year used to construct a GDP price index, then the GDP price index in the current year is
A) 205.5.
B) 255.5.
C) 39.3.
D) 100.
Correct Answer:
Verified
Correct Answer:
Verified
Q203: Which of the following is not economic
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Q206: NDP can be determined by adding taxes
Q207: Government purchases include government spending on<br>A) government
Q209: In the expenditures approach of national income
Q210: The expenditures or output approach to GDP
Q211: The two ways of looking at GDP
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