Which of the following does NOT accurately describe inflation rates? Question 3Answer a. They can be positive, negative or equal to zero b. They can be derived from Consumer Price Index c. They capture the persistent changes in the general price levels d. They magnify the values of real GDP
Which of the following does NOT accurately describe inflation rates? Question 3Answer a. They can be positive, negative or equal to zero b. They can be derived from Consumer Price Index c. They capture the persistent changes in the general price levels d. They magnify the values of real GDP
Chapter13: Inflation
Section: Chapter Questions
Problem 11SQ
Related questions
Question
Which of the following does NOT accurately describe inflation rates?
Question 3Answer
a.
They can be positive, negative or equal to zero
b.
They can be derived from Consumer Price Index
c.
They capture the persistent changes in the general price levels
d.
They magnify the values of real GDP
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