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smitch6 smitch6
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6 years ago
Changes in the relative prices of goods causes problems measuring real GDP because
A) consumers change their buying habits.
B) consumers buy less of the cheaper good.
C) firms produce more of the cheaper good.
D) price deflators only measure the price level.
E) they tend to be inaccurate.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
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Blade73Blade73
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6 years ago
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smitch6 Author
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6 years ago
this is exactly what I needed
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Yesterday
Good timing, thanks!
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2 hours ago
You make an excellent tutor!
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