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The study of inflation, unemployment, and economic growth is called Macroeconomics. Question 1 options: True False Question 2 (1 point) Saved GDP is the market

The study of inflation, unemployment, and economic growth is called Macroeconomics.

Question 1 options:

True
False

Question 2 (1 point)

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GDP is the market value of all final goods and services produced in an economy in a given period of time.

Question 2 options:

True
False

Question 3 (1 point)

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Nominal GP is the market value of all goods and services produced in an economy at current prices.

Question 3 options:

True
False

Question 4 (1 point)

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The Consumer Price Index is the cost of all goods and services purchased by a typical consumer.

Question 4 options:

True
False

Question 5 (1 point)

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The real interest rate is the interest rate adjusted for inflation.

Question 5 options:

True
False

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