CH 22 | Quizalize

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CH 22

Quiz by Chen, Clara

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Q 1/3
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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.
29

True
False

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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
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Q2
Which one of the following is not used to measure the cost of living?
PPI
GDP deflator
Nominal GDP
CPI
30s
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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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