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Author Question: What is the chain-weighted price index for GDP in the base year? A) 0 B) 1 C) 100 D) The ... (Read 78 times)

corkyiscool3328

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on: Jun 30, 2018
What is the chain-weighted price index for GDP in the base year?
 
  A) 0
  B) 1
  C) 100
  D) The answer depends on the price index for the current year.

Question 2

Which of the following would cause an increase in aggregate demand in the short run?
 
  A) an increase in taxes B) an increase in the supply of money
  C) a decrease in the price level D) a crop failure
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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morganmarie791

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


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