Goods in the CPI inflation are weighted by
A) the price of each good.
B) the share of each good in GDP.
C) the share of each good in the budget of an average household.
D) the share of each good in total consumption.
Correct Answer:
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Q14: Gross domestic product includes
A)all intermediate and final
Q15: Business fixed investment
A)includes the building of single-
Q16: In the base year,the relationship between nominal
Q17: Chain-weighted GDP deflator inflation differs from GDP
Q18: Personal income equals personal disposable income plus
A)payroll
Q20: In the event of deflation,or negative inflation,then
A)real
Q21: Government purchases of goods and services
A)consist of
Q22: The primary emphasis in U.S.national income accounts
Q23: Assume that gross national product amounts to
Q24: Policymakers utilize gross domestic product figures
A)to monitor
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