Multiple Choice
The GDP price index
A) involves all final goods and services produced in the economy
B) is derived from looking at quantities of goods sold rather than at prices
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) involves all goods and services sold in the economy
Correct Answer:

Verified
Correct Answer:
Verified
Q135: In the resource market,<br>A)businesses borrow money to
Q136: The circular flow model<br>A)measures identical flows through
Q137: If the CPI rises in one year
Q138: Nominal GDP is a better measure of
Q139: In double-entry GDP accounting,<br>A)the value of output
Q141: If real GDP is $5 trillion for
Q142: The price index in the base year
Q143: The national income accounting system measures economic
Q144: Gross Domestic Product measures the<br>A)market value of
Q145: Which is true of leakages and injections