This topic contains a solution. Click here to go to the answer

Author Question: The chain-weighted output index A) uses only the current year's prices to calculate growth in ... (Read 34 times)

Collmarie

  • Hero Member
  • *****
  • Posts: 569
The chain-weighted output index
 
  A) uses only the current year's prices to calculate growth in real GDP.
  B) uses prices for the current year and the previous year to calculate growth in real GDP.
  C) must be calculated only every other year.
  D) is an inaccurate way to measure growth in real GDP and so has been replaced by the nominal-to-real index.

Question 2

Which of the following is TRUE regarding the chain-weighted output index method?
 
  I. It is the method used to measure the growth rate of nominal GDP.
  II. It uses data from the current year and from the previous year.
  III. It is a method of measuring the growth rate of real GDP.
  A) I and II
  B) II and III
  C) I and III
  D) I, II and III



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fwbard

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

B

Answer to Question 2

B




Collmarie

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
:D TYSM


blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

For a complete list of videos, visit our video library