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:

Albino

An individual lacking normal pigmentation due to a genetic condition that affects the production of melanin in the skin, hair, and eyes.

Homozygous

State of having identical allelic genes at one or more paired loci in homologous chromosomes.

Pigmentation

The coloring of a person's skin, hair, or eyes due to the deposition of melanin, a natural pigment produced by certain cells called melanocytes.

Incomplete Dominance

A genetic phenomenon where the phenotype of a heterozygote is intermediate between the phenotypes of the two homozygotes.