The PCE Deflator Measures

question 14

Multiple Choice

The PCE deflator measures

• A)the average price increase of raw materials purchased by producers
• B)the average price increase of energy prices
• C)price changes in consumer expenditures based on national income accounts
• D)price changes of final as well as semi-finished goods
• E)the average price increase of all final goods excluding energy

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Definitions:

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Vessels used to transport enslaved Africans across the Atlantic Ocean to the Americas in the transatlantic slave trade.

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A contagious, disfiguring, and often deadly disease caused by the variola virus, eradicated globally by 1980 through vaccination efforts.

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