GDP has grown 5 percent over the last year.The GDP deflator,during the same period,has risen from 130 to 140.We could conclude then that
A) real GDP has risen.
B) real GDP has fallen.
C) real GDP is unchanged.
D) there is insufficient information.
Correct Answer:
Verified
Q103: Statement I: Net exports is a negative
Q104: The increase in the proportion of women
Q105: Statement I: The higher the GDP deflator,the
Q106: Net exports are
A)the smallest component of aggregate
Q107: National income
A)minus depreciation equals NDP.
B)plus depreciation plus
Q109: If the GDP deflator were 200 in
Q110: Net domestic product measures
A)real GDP adjusted for
Q111: The total amount of income earned by
Q112: Suppose that GDP is equal to $8
Q113: Gross investment refers to
A)net investment plus net
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