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The ________ Is a Measure of the Price Level and Is

Question 258

Multiple Choice

The ________ is a measure of the price level and is calculated by dividing ________ by ________ and multiplying by 100.


A) CPI; real GDP; nominal GDP
B) GDP deflator; real GDP; nominal GDP
C) GDP deflator; nominal GDP; real GDP
D) PPI; nominal GDP; real GDP
E) PPI; real GDP; nominal GDP

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