Which of the Following Observations Is False

question 36

Multiple Choice

Which of the following observations is false?

• A) Both CPI and GDP deflator tend to move in the same direction.
• B) GDP deflator tends to be much more volatile than CPI.
• C) Both CPI and GDP deflator probably overstate the inflation rate.
• D) both a. and c. are false.

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Definitions:

Mesozoic

An era of Earth's history between 252 to 66 million years ago, known as the age of dinosaurs and significant geological and evolutionary changes.

Geologic Timescale

A system of chronological dating that relates geological strata to time, used by geologists to describe the timing and relationships between events in Earth's history.

Quantitative Data

Numerical data that can be measured and written down with numbers, used to quantify attitudes, opinions, behaviors, and other defined variables.

Temperature Data

Numerical information that represents the measurement of heat energy within a specific area or system, often used in climate and environmental studies.