Multiple Choice
Which of the following measures the overall price level?
A) the price of some particular commodity or service
B) the rate of inflation
C) the consumer price index
D) the nominal GDP
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q68: A change in the money supply changes
Q71: Scenario 14-1<br>The economy is in long-run equilibrium.
Q72: When all prices rise together, there is
Q73: A decrease in the price level makes
Q74: In response to a decrease in output,
Q75: Which of the following shifts aggregate demand
Q78: The explanations for the downward slope of
Q79: Most economists believe that classical theory explains
Q80: What does a rise in the economy's
Q81: In which situation does investment spending increase?<br>A)