Which of the Following Statements Is True Concerning the GDP

question 85

Multiple Choice

Which of the following statements is true concerning the GDP deflator and the CPI as measures of inflation?

• A)Only the CPI shows the rise in inflation in the 1960s and the 1970s.
• B)Inflation, as measured by the GDP deflator, is more volatile than inflation as measured by the CPI.
• C)Only the GDP deflator shows the rise in inflation the 1960s and the 1970s.
• D)The CPI and the GDP deflator show similar movements in general inflation.
• E)Only the GDP deflator shows the decline in inflation in the 1980s and the early 1990s.

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Definitions:

Ethical Values

Principles that govern a person's behavior or the conducting of an activity regarding what is right and wrong.

Theory Y

A management approach that assumes employees are inherently motivated and capable of self-direction and creativity.

Organizational Behavior

The study of how individuals and groups interact within an organization, focusing on improving organizational effectiveness, culture, and employee well-being.

Autocratic Model

A leadership or governance style characterized by individual control over all decisions and little input from group members.