If the Price of Domestically Produced Power Tools Increases,then

question 18

Multiple Choice

If the price of domestically produced power tools increases,then

• A)the consumer price index and the GDP deflator will both increase.
• B)the consumer price index will increase,and the GDP deflator will be unaffected.
• C)the consumer price index will be unaffected,and the GDP deflator will increase.
• D)the consumer price index and the GDP deflator will both be unaffected.

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Definitions:

Reptiles

A group of cold-blooded animals with scaly skin that typically lay eggs on land, such as snakes, lizards, crocodiles, and turtles.

Amphibians

A class of cold-blooded vertebrates that includes frogs, toads, salamanders, and newts, primarily living in moist environments.

Birds

Warm-blooded vertebrates characterized by feathers, beak with no teeth, laying hard-shelled eggs, and a high metabolic rate; members of the class Aves.

Interbreed

To mate or cross different breeds, varieties, or species of organisms, often resulting in hybrid offspring.