Multiple Choice
The inflation rate can be obtained by ________.
A) dividing the nominal GDP by the GDP deflator
B) subtracting the real GDP from the nominal GDP
C) multiplying the CPI by GDP
D) subtracting the growth in real GDP from the growth in nominal GDP
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q54: A discouraged worker might _.<br>A)be counted as
Q55: The unemployment rate that is typically reported
Q56: The Bureau of Economic Analysis calculates the
Q57: Computing the CPI is important because _.<br>A)it
Q58: The unemployment rate that is typically reported
Q60: Real and Nominal GDP <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5036/.jpg" alt="Real
Q61: Over the past half-century,government transfer payments have
Q62: A few economies have the interesting characteristic
Q63: An international comparison of eight major industrialized
Q64: An example of a nominal variable is