The process of dividing a nominal quantity by a price index in order to express the quantity in real terms is called:
A. negative inflation.
B. indexing.
C. depressing.
D. deflating.
Answer: D
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Demand curves and other economic relationships
A) are always linear. B) produce linear regression equations. C) can take many different functional forms. D) are dependent upon the type of advertising done.
The productivity gains from computer revolution appear to be small, possibly because we have not yet learned how to measure productivity in service sectors?such as banking, law, and medicine?that have benefited the most
Indicate whether the statement is true or false
Economic growth is:
A. about the quality of life for all sectors of society. B. an indicator of individual poverty. C. the measure of changes in real GDP. D. a measurement of available resources.
The bond demand curve slopes downward because:
A. as bond prices fall bonds are less attractive. B. as bond prices fall so do yields. C. as bond prices rise yields increase. D. at lower prices the reward for holding the bond increases.