Question
Question 1 The GDP deflator is: a) measured by the Bureau of Economic Analysis b)a price index c)including all the GDPcomponents d)all of the answers
Question 1
The GDP deflator is:
a) measured by the Bureau of Economic Analysis
b)a price index
c)including all the GDPcomponents
d)all of the answers are correct
Question 2
Decreases in government spending ____ equilibrium income, and increases in taxes ____ equilibrium income.
a) increase; decrease
b)decrease; increase
c)decrease; decrease
d)increase; increase
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The Macro Economy Today
Authors: Bradley R. Schiller, Karen Gebhardt
14th edition
1259291820, 978-1259291821
