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Ao9 Ao9
wrote...
Posts: 1908
Rep: 1 0
8 years ago
If a particular measure of real GDP consistently underestimates growth in real GDP, then the rate of inflation as measured by the GDP deflator
A) cannot be calculated.
B) will be unbiased.
C) will be biased upward.
D) will be biased downward.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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Top Poster
Posts: 1906
8 years ago
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Ao9 Author
wrote...
8 years ago
You're sharp, thanks!
wrote...
8 years ago
You're welcome Wink Face Message me if you need any more assistance with your other questions.
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