Question

If a professor asked you to look to report on the Consumer Price Index, what information would she be trying to get you to identify?
Select one:
a. The amount of money that all Americans as a group spent on all products
b. The way in which the amount of money that a family spent on goods and services in one year changed for a different year.
c. The amount of money that store owners charged for specific products
d. All of the above

Answer 1

@gingerbby_

Answer 2

D. Here's a little hint..... When they give you an option like all of the above.. That's what it is like 99.9% of the time ;p

Answer 3

i kno lol

Answer 4

Imagine that you wanted to understand the way in which GDP changed over a number of years, which GDP would it make more sense to analyze?
Select one:
a. Nominal GDP
b. Real GDP
c. Both of the above
d. Neither of the above
@gingerbby_

Answer 5

i think c

Answer 6

I agree with you

Answer 7

cuz imma genus

Answer 8

Why would somebody choose to analyze Real GDP instead of nominal GDP?
Select one:
a. Real GDP adjusts for inflation so it is easier to see the ways in which the total amount of production has changed over years.
b. Because Real GDP adjusts for inflation it is very difficult to see the ways in which the total amount of production has changed over years.
c. Read GDP does not adjust for inflation but it is easy to see the ways in which the total amount of production has evolved over the years.
d. None of the above statements are true.

Answer 9

imma guess d

Answer 10

Oh, sorry just saw this!

Answer 11

huh? @gingerbby_

Answer 12

I thought I was late on answering your question

Answer 13

oh no :P i just posted it a bit ago

Answer 14

Still need an answer?

Answer 15

yup haha