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    Macroeconomics Study Set 43
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    Exam 7: B: Measuring the Economys Output
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    The Current GDP Price Index Used by Statistics Canada Is
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The Current GDP Price Index Used by Statistics Canada Is

Question 168

Question 168

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.

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