CH 22
Quiz by Chen, Clara
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3 questions
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- Q1A 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.TrueFalse30s
- Q2Which one of the following is not used to measure the cost of living?PPIGDP deflatorNominal GDPCPI30s
- Q3Which information is correct for the base year?GDP deflator is equal to 100.Both are correct.Real GDP is equal to nominal GDP.30s