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The Price Level Can Be Derived as ________ and Is

Question 58

Multiple Choice

The price level can be derived as ________ and is called the ________.


A) Price level = Nominal GDP ｸ Real GDP; CPI
B) Price level = Nominal GDP ｴ Real GDP; CPI
C) Price level =Real GDP ｴ Nominal GDP; GDP deflator
D) Price level = Real GDP ｸ Nominal GDP; Paasche deflator
E) Price level =Nominal GDP ｸ Real GDP; GDP deflator

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