The GDP Deflator Is a Measure of the Price Level

question 22

Multiple Choice

The GDP deflator is a measure of the price level that includes prices of:

• A) consumer goods and services only.
• B) producer goods and services only.
• C) final and intermediate goods and services.
• D) final goods and services.
• E) final services only.

---

Definitions:

Section 10(b)

A provision of the Securities Exchange Act of 1934 that prohibits manipulative and deceptive practices in the buying and selling of securities.

Trading Securities

Refers to a category of securities that a company buys and sells with the intent of making a profit over the short term.

Securities Act

The Securities Act, often referred to specifically as the Securities Act of 1933, is a U.S. law that regulates the sale of securities, primarily requiring issuers to disclose significant financial information to investors.

Household Products Corporation

A business organization that manufactures and sells goods utilized for domestic purposes, such as cleaning supplies, detergents, and personal care items.