What Does the GDP Deflator Reflect

question 169

Multiple Choice

What does the GDP deflator reflect?

• A) the level of prices in the base year relative to the current level of prices
• B) the current level of prices relative to the level of prices in the base year
• C) the level of real output in the base year relative to the current level of real output
• D) the current level of real output relative to the level of real output in the base year

Comprehend the legal pathways for immigrants to enter and work in the U.S., such as the H1-B visa provision.

Appreciate the complexities of economic migration, including the role of remittances and the potential for economic gain for immigrants.

Understand the composition of legal immigrants in the U.S. by categories, such as refugees, diversity immigrants, and family-based immigrants.

Understand the socio-economic factors influencing immigration patterns.