A measure comparing the prices of consumer goods and services ...

[mpobi80]

A measure comparing the prices of consumer goods and services that a household typically purchases to the prices of those goods and services purchased in a base year is:
 a. the GDP deflator.
  b. the consumer price index.
  c. the price level.
  d. inflation.
  e. the base measure.

Question 2

Fiscal policy is the management of aggregate demand through changes in taxes and government spending.
 a. True
  b. False
  Indicate whether the statement is true or false

[gcook]

Answer to Question 1

b

Answer to Question 2

True