Examlex
Which of the following statements about the DNA in one of your brain cells is true?
Price Level
A summary average of current prices for the full spectrum of goods and services in the economy.
Consumer Price Index
An index of the variation in prices paid by typical consumers for retail goods and other items.
GDP Deflator
A measure of the price level of all domestically produced goods and services in an economy, used to adjust nominal GDP to real GDP.
Gauge Of Inflation
A measure that reflects how much and how quickly prices for goods and services rise over a period, indicating the rate of inflation.
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