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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: The GDP price index (Multiple Choice)
Post by: Loraine on Jun 21, 2015
The GDP price index
A) can be interpreted as 100 multiplied by real GDP divided by nominal GDP.
B) is the difference between nominal GDP and real GDP.
C) measures the average price level.
D) can be interpreted as real GDP minus nominal GDP and the resulting difference then multiplied by 100.
E) is equal to between real GDP minus nominal GDP.


Title: Re: The GDP price index
Post by: Chimelo46 on Jul 16, 2015
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Title: Re: The GDP price index
Post by: Chimelo46 on Aug 31, 2015
Glad to help you, and good luck with your course.