The Statistic Used by Economists to Measure the Value of Economic

question 31

Multiple Choice

The statistic used by economists to measure the value of economic output is:

• A) the unemployment rate.
• B) GDP.
• C) the CPI.
• D) the GDP deflator.
• E) the federal funds rate.

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Definitions:

Search Engine

A software system designed to perform web searches, which means to search the World Wide Web in a systematic way for particular information specified in a textual web search query.

Internet

A global system of interconnected computer networks that use the standard Internet protocol suite (TCP/IP) to link devices worldwide.

Evaluation

The process of assessing or judging the value, quality, or importance of something.

Web Site

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