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The GDP Price Index

Question 35

Multiple Choice

The GDP price index:


A) measures the average price of final goods and services produced in an economy.
B) measures the quality of goods produced in an economy.
C) is derived using the prices of only imported and exported goods and services.
D) is derived using the implicit prices of goods and services produced by the government.
E) measures the value of all intermediate goods and services sold in an economy.

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