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CH 22

Quiz by Chen, Clara

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3 questions
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  • Q1
    A country with a high GDP can afford for its citizens to be healthy, to be well educated, and in general, to have a good quality of life.
    True
    False
    30s
  • Q2
    Which one of the following is not used to measure the cost of living?
    PPI
    GDP deflator
    Nominal GDP
    CPI
    30s
  • Q3
    Which information is correct for the base year?
    GDP deflator is equal to 100.
    Both are correct.
    Real GDP is equal to nominal GDP.
    30s

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