This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following price indices comes closest to measuring the cost of living of the typical ... (Read 39 times)

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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

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
Wow, this really help

rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Two species of granivorous rodents living in the Chihuahuan Desert: (a) the kangaroo rat, Dipodomys Two species of granivorous rodents living in the Chihuahuan Desert: (a) the kangaroo rat, Dipodomys
Part of the Hubble Ultra-Deep Field image showing a typical section of space containing galaxies int Part of the Hubble Ultra-Deep Field image showing a typical section of space containing galaxies int
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
A cutaway view of a typical variable fuel sensor. A cutaway view of a typical variable fuel sensor.
Parts of a typical spark plug. Parts of a typical spark plug.
A typical TP sensor mounted on the throttle plate of this port-injected engine. A typical TP sensor mounted on the throttle plate of this port-injected engine.
Video: Embryonic development - week 1 and 2

For a complete list of videos, visit our video library