The GDP Deflator

question 2

Multiple Choice

The GDP deflator:

• A) measures the average price for a basket of goods bought by an average consumer.
• B) measures the average price received by producers.
• C) is the ratio of nominal GDP to real GDP multiplied by 100.
• D) is the price index associated with changes in the cost of living to consumers.

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Definitions:

Sleep

A naturally recurring state of mind and body characterized by altered consciousness, relatively inhibited sensory activity, and inhibition of nearly all voluntary muscles.

Seizure

A sudden, uncontrolled electrical disturbance in the brain that can cause changes in behavior, movements, feelings, and levels of consciousness.

Studying

The act of engaging in intellectual activity to acquire knowledge or understand a subject matter deeply.

Anxiety

A mental health disorder characterized by feelings of worry, anxiety, or fear that are strong enough to interfere with one's daily activities.