The GDP Deflator Only Measures the Prices of the Consumer

question 109

True/False

The GDP deflator only measures the prices of the consumer and investment components of GDP, and does not include the prices of government goods and services.

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Definitions:

Foreign Key

A field in a database table that creates a link between two tables, identifying a row in another table to establish a relationship.

Primary Key

A unique identifier for each record in a database, used to ensure that each row represents a unique instance of the entity modeled by the table.

Secondary Key

A database attribute used for sorting and/or indexing data, which is not the primary key.

Relational Database Model

Data model based on the simple concept of tables in order to capitalize on characteristics of rows and columns of data.