According to a Central Theory in Macroeconomics

question 110

Multiple Choice

According to a central theory in macroeconomics:

• A) GDP will always increase over time.
• B) the change in prices as measured by the CPI always matches the change in the price level as measured by the PPI.
• C) wages naturally change to offset changes in the price level.
• D) changes in the economy can always be predicted with models.

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