Which Two Pieces of Information Would Allow Us to Calculate

question 60

Multiple Choice

Which two pieces of information would allow us to calculate a GDP deflator?

• A)Prices and interest rates.
• B)Nominal GDP and real GDP figures.
• C)Unemployment rates and Okun's Law
• D)Prices and the Rule of 70.
• E)GDP rates and the Rule of 70.

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Definitions:

Remanufacturing

The process of rebuilding a product to specifications of the original manufactured product using a combination of reused, repaired, and new parts.

Flexible Manufacturing

A production method that is designed to easily adapt to changes in the type and quantity of the product being manufactured.

Design For Disassembly

A design process aimed at making products easier to disassemble at the end of their life cycle, facilitating recycling or disposal.

Mediating Technology

Links people together in a beneficial exchange of values.