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Author Question: ________ is defined as a sustained ________ in the price level. A) Inflation; fall B) Deflation; ... (Read 86 times)

jCorn1234

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on: Jun 29, 2018
________ is defined as a sustained ________ in the price level.
 
  A) Inflation; fall
  B) Deflation; fall
  C) Deflation; rise
  D) Answers A and C above are both true.

Question 2

The implicit GDP deflator is
 
  A) nominal GDP divided by real GDP.
  B) nominal GDP times real GDP.
  C) real GDP divided by nominal GDP.
  D) the zero economic growth society.


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briezy

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


jCorn1234

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

adammoses97

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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