Multiple Choice
If the safety of the work environment has improved over time,
A) real GDP will understate the growth rate of real income.
B) real GDP will overstate the growth rate of real income.
C) the GDP deflator will overestimate inflation.
D) real GDP will overstate the growth rate of real income,and the GDP deflator will understate inflation.
Correct Answer:
Verified
Correct Answer:
Verified
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