Author Question: If the GDP deflator increases from one year to the next, it can be concluded that the economy has ... (Read 36 times)

AEWBW · **on:** Jun 30, 2018

If the GDP deflator increases from one year to the next, it can be concluded that the economy has experienced:
a. growth.
b. stagnation.
c. stagflation.
d. inflation.

Question 2

An increase in disposable income will cause autonomous consumption to rise.
a. True
b. False
Indicate whether the statement is true or false