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Author Question: A measure comparing the prices of consumer goods and services that a household typically purchases ... (Read 65 times)

mpobi80

  • Hero Member
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  • Posts: 519
on: Jun 30, 2018
A measure comparing the prices of consumer goods and services that a household typically purchases to the prices of those goods and services purchased in a base year is:
 a. the GDP deflator.
  b. the consumer price index.
  c. the price level.
  d. inflation.
  e. the base measure.

Question 2

Fiscal policy is the management of aggregate demand through changes in taxes and government spending.
 a. True
  b. False
  Indicate whether the statement is true or false


gcook

  • Sr. Member
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  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


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