The consumer price index (CPI) is computed as the ratio of ...

[moongchi]

The consumer price index (CPI) is computed as the ratio of nominal GDP to real GDP.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Since 1929, total government taxes as a percentage of GDP:
 a. climbed from 10 percent to over 35 percent.
  b. remained close to 30 percent.
  c. climbed from 30 percent to about 50 percent.
  d. climbed from 15 percent to about 50 percent.

[prumorgan]

Answer to Question 1

False

Answer to Question 2

a

[moongchi]

Thanks for the timely response, appreciate it

[Chelseyj.hasty]

Excellent