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Author Question: The principal reason why the chain-weighted index for GDP and the CPI both overstate actual changes ... (Read 83 times)

Yolanda

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The principal reason why the chain-weighted index for GDP and the CPI both overstate actual changes in prices is that
 
  A) the basket of goods purchased by consumers never changes.
  B) price data is often inaccurate.
  C) it is hard to measure quality changes.
  D) all of the above

Question 2

The category of rent in the income approach to GDP
 
  A) does not have any connection to owner-occupied housing.
  B) includes the money paid to use land and other rented inputs.
  C) includes the money paid to rent apartments only.
  D) includes the money paid to rent machinery only.
  E) includes only the imputed rent for owner-occupied housing.


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spencer.martell

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Yolanda

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


kilada

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Reply 3 on: Yesterday
Excellent

 

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