Multiple Choice
The price index _____
A) represents the relationship between the economy's price level and aggregate output demanded.
B) shows how the economy's output changes over time.
C) is used to figure out real GDP each year.
D) aggregates output measured in dollars of constant purchasing power.
E) represents the relationship between the economy's price level and real GDP.
Correct Answer:
Verified
Correct Answer:
Verified
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