The percentage change in the price level from one period to another is called
a. the growth rate.
b. the inflation rate.
c. the GDP deflator.
d. the unemployment rate.
b
Economics
You might also like to view...
The above figure depicts the market for video games. If the government imposed a $3 per game tax on sellers, what would be tax revenue?
A) less than $18 B) $18 C) more than $18 D) More information is needed to determine if the tax revenue is more than, less than, or equal to $18.
Economics
the value of final output produced in a given period measured in current prices
What will be an ideal response?
Economics
Airlines engage in price discrimination.
a. true b. false
Economics
The percentage of a balance that a borrower must pay a lender is called the
A. monetary index. B. inflation rate. C. interest rate. D. usury rate.
Economics