8. The term “inflation” is used to describe a situation in which (A) the overall level of prices in the economy is increasing. (B) incomes in the economy are increasing. (C) stock-market prices are rising. (D) the economy is growing rapidly.

7. To compute GDP we (A) simply sum the number of final goods and services. (B) sum the cost of producing final goods and services. (C) use weights determined by a survey regarding how much people value different sorts of goods and services to compute GDP as a weighted average. (D) sum the market values of final goods and services.

8. The term “inflation” is used to describe a situation in which (A) the overall level of prices in the economy is increasing. (B) incomes in the economy are increasing. (C) stock-market prices are rising. (D) the economy is growing rapidly.

其他試題

8. The term “inflation” is used to describe a situation in which
(A) the overall level of prices in the economy is increasing.
(B) incomes in the economy are increasing.
(C) stock-market prices are rising.
(D) the economy is growing rapidly.