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Author Question: The GDP deflator: a. takes government purchases into account, unlike the CPI. b. takes business ... (Read 128 times)

Garrulous

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on: Jun 30, 2018
The GDP deflator:
 a. takes government purchases into account, unlike the CPI.
 b. takes business investment purchases into account, unlike the CPI.
  c. is generally used to adjust nominal GDP to calculate real GDP.
  d. All of the above are true.

Question 2

Private property rights are important because:
 a. they create incentives for people to improve their standard of living.
  b. the Constitution says so.
  c. they allow students to choose their major field of study in college.
  d. an economy cannot function without them.
  e. goods cannot be produced without them.


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cuttiesgirl16

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


Garrulous

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Reply 2 on: Jun 30, 2018
Excellent

tuate

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

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