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The GDP deflator is a measure of the price level, and it includes the prices of exports and excludes the prices of imports. QUESTION 1 Not yet answered Select one: Marked out of 1.00 O True V Flag question O False QUESTION 2 'Household production' refers to the manufacturing of only durable household products for their use. Not yet answered Select one: Marked out of 1.00 O True 7 Flag question O False QUESTION 3 Increasing transfer payments due to COVID-19 crisis in Australia will decrease the federal budget deficit further. Not yet answered Select one: Marked out of 1.00 0 True 7 Flag question 0 False QUESTION 4 Imposing international trade restrictions have helped developing countries to grow as this protects local jobs. Not yet answered Select one: Marked out of 1.00 0 True '7 Flag question O False The business cycle fluctuations cause frictional unemployment in the economy, and this unemployment can be eliminated by providing more job QUESTION 5 networks. Not yet answered Marked out of 1.00 Select one: Y Flag question 0 True 0 False