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Author Question: Which of the following price indices comes closest to measuring the cost of living of the typical ... (Read 75 times)

kodithompson

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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

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


kodithompson

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

patma1981

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

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