Which of the Following Statements Is Correct

question 143

Multiple Choice

Which of the following statements is correct?

• A)The consumer price index is a measure of the overall level of prices,whereas the GDP deflator is not a measure of the overall level of prices.
• B)If,in the year 2011,the consumer price index has a value of 123.50,then the inflation rate for 2011 must be 23.50 percent.
• C)Compared to the GDP deflator,the consumer price index is the more common gauge of inflation.
• D)The consumer price index and the GDP deflator reflect the goods and services bought by consumers equally well.

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Definitions:

Lobed Nucleus

A characteristic of certain white blood cells, where the nucleus is divided into several connected lobes, often seen in neutrophils.

Erythropoietin

A hormone produced by the kidneys that stimulates red blood cell production in response to low oxygen levels in the body's tissues.

Fibrinogen Inactivator

An enzyme or agent that inhibits the function of fibrinogen, a protein necessary for blood clot formation.

Thrombin

An enzyme in blood plasma that causes the clotting of blood by converting fibrinogen to fibrin, an essential step in hemostasis.