The Inflation Rate Reported in the News Is Usually Calculated

question 158

True/False

The inflation rate reported in the news is usually calculated from the GDP deflator rather than the consumer price index.

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Definitions:

Administrative Expenses

Costs related to the management and general operations of a business, such as salaries of senior executives, legal and financial services.

Romanticizing Risk

Romanticizing risk involves perceiving potential dangers and uncertainties in overly positive or idealized ways, often ignoring the possible negative outcomes.

Financially Hard-pressed

A situation or condition where an individual or organization is experiencing financial strain, often leading to budget constraints and difficult financial decisions.

Riskier Projects

Projects that involve a higher level of uncertainty and potential for loss or failure, often seeking greater rewards or breakthrough results.