True/False
The current GDP price index used by Statistics Canada is referred to as the chain-weighted index, because by using both the previous year prices and current prices it links each year to the prior year.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: An economy is enlarging its stock of
Q7: If real GDP is 50 and nominal
Q163: The following are national income account data
Q165: A business buys $5,000 worth of resources
Q166: Which of the following is a final
Q167: The gross domestic product of Canada measures
Q170: Refer to the information below.Net investment: All
Q171: From an economist's perspective, which is not
Q172: The GDP is the:<br>A)monetary value of all
Q173: Net investment refers to:<br>A)the amount of machinery