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Bob has a pool cleaning company. The revenue he earns counts in GDP. a. True b. False The GDP deflator is used to measure a.
Bob has a pool cleaning company. The revenue he earns counts in GDP.
a. True
b. False
The GDP deflator is used to measure
a. the percentage change in real GDP
b. the percentage change in the level of production.
c. the percentage change in consumption spending.
d. the percentage change in the average price level.
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