What is the chain-weighted price index for GDP in the base year? A) 0 B) 1 C) 100 D) The ...

Author Question: What is the chain-weighted price index for GDP in the base year? A) 0 B) 1 C) 100 D) The ... (Read 87 times)

corkyiscool3328

Hero Member
Posts: 539

on: Jun 30, 2018

What is the chain-weighted price index for GDP in the base year?

A) 0
B) 1
C) 100
D) The answer depends on the price index for the current year.

Question 2

Which of the following would cause an increase in aggregate demand in the short run?

A) an increase in taxes B) an increase in the supply of money
C) a decrease in the price level D) a crop failure

Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7^th Edition

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morganmarie791

Sr. Member
Posts: 336

Reply #1 on: Jun 30, 2018

Answer to Question 1

C

Answer to Question 2

B

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