Business
Business, 17.07.2019 14:00, aloading6574

The best price index to use in calculating real gdp is

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Business, 13.09.2019 01:30, bellagvjh1760
Indexing is the process of: multiple choice a. increasing a real quantity by an amount equal to the percentage change in a price index. b. increasing a nominal quantity by an amount equal to the percentage change in a price index. c. dividing a nominal quantity by a price index. d. dividing a real quantity by a price index.
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Business, 09.10.2019 19:00, quickestlearner5694
Aperson's real income will increase by 3% if her nominal income increases by select one: a. 5% while the price index falls by 2%. b. 5% while the price index rises by 2%. c. 2% while the price index rises by 5%. d. 2% while the price index falls by 5%.
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Business, 21.10.2019 17:20, kakkakak4696
If the growth rate in nominal income is larger than the inflation rate (as measured by the change in the cpi or the gdp deflator), the real value of income has: increased since real income has grown faster than the price index. decreased since nominal income has grown faster than the price index. increased since nominal income has grown faster than the price index. decreased since real income has grown slower than the price index.
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