[Answered] Which of the following price indices comes closest to measuring the cost of living of the typical ...

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kodithompson

Hero Member
Posts: 566

on: Jun 29, 2018

Which of the following price indices comes closest to measuring the cost of living of the typical household?

A) GDP deflator B) consumer price index
C) producer price index D) household price index

Question 2

The level of real GDP in the long run is called

A) frictional GDP. B) potential GDP.
C) low-capacity GDP. D) short-run GDP.

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scottmt

Sr. Member
Posts: 322

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

B

kodithompson

Member
Posts: 566

Reply 2 on: Jun 29, 2018

Great answer, keep it coming

Sarahjh

Member
Posts: 370

Reply 3 on: Yesterday

Gracias!

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