Which of the following is/are true?

I.The GDP deflator is a measure of the inflation rate of the economy.

II.The nominal GDP is a good measure that captures the total quantities of final goods and services produced in the economy.

Select one:

A.Only I is true.

B.Only II is true.

C.Both of the above are true.

D.None of the above is true.

Which of the following is/are true?

I.Investment in National Accounts includes the household purchases of stocks and bonds in the financial markets.

II.When net investment is positive, physical capital stock in the next period must be higher than in the previous period.

Select one:

A.Only I is true.

B.Only II is true.

C.Both of the above are true.

D.None of the above is true.