Every Unit of Good X That Is Produced in the United

question 23

Multiple Choice

Every unit of good x that is produced in the United States is exported to other countries.An increase in the price of good x shows up

• A)in the consumer price index and in the GDP deflator.
• B)in the consumer price index,but not in the GDP deflator.
• C)in the GDP deflator,but not in the consumer price index.
• D)in neither the consumer price index nor in the GDP deflator.

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Definitions:

Proposition

A statement or assertion that expresses a judgment or opinion; in logic, a declarative sentence that is either true or false.

Term

A word or expression used in relation to a specific subject or context; in logic, it refers to a concept or object within a proposition.

Subject

The topic being discussed or the entity that performs the action in a sentence.

Predicate

The part of a sentence or clause containing a verb and stating something about the subject, or in logic, the attribute or characteristic expressed by the verb.