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The GDP price index is multiple choice 3 a measure of nominal GDP adjusted for inflation. a measure of the price of a specified collection
The GDP price index is multiple choice 3 a measure of nominal GDP adjusted for inflation. a measure of the price of a specified collection of goods and services compared to the average of the prices of a highly similar collection of goods and services for the last 10 years. a measure of the price of a specified collection of goods and services compared to the price of a highly similar collection of goods and services in a reference year. computed for each industry sector
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
