Multiple Choice
The statistic used by economists to measure the value of economic output is the:
A) CPI.
B) GDP.
C) GDP deflator.
D) unemployment rate.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q2: If the number employed increases while the
Q19: Assume that apples cost $0.50 in 2002
Q35: If nominal GDP in 2009 equals $14
Q47: The CPI is determined by computing:<br>A) an
Q77: All of the following are a flow
Q105: The version of Okun's law studied in
Q106: Assume that the market basket of goods
Q110: Real GDP is measured in _ dollars
Q111: In 2012,Canadian spent about _ percent of
Q112: According to the definition used by Statistics