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Author Question: The consumer price index (CPI) is computed as the ratio of nominal GDP to real GDP. a. True b. ... (Read 37 times)

moongchi

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The consumer price index (CPI) is computed as the ratio of nominal GDP to real GDP.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Since 1929, total government taxes as a percentage of GDP:
 a. climbed from 10 percent to over 35 percent.
  b. remained close to 30 percent.
  c. climbed from 30 percent to about 50 percent.
  d. climbed from 15 percent to about 50 percent.



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prumorgan

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Answer to Question 1

False

Answer to Question 2

a




moongchi

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Reply 2 on: Jun 30, 2018
Excellent


T4T

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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