Econ- Chapter 13, Section 1 and 2

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Which of the following is NOT an example of a government transfer payment:

The real goods and services that money can buy is called:

Which of the following is NOT a way that the government measures inflation:

Which of the following is NOT a factor when calculating the gross domestic product:

Measure of the average of prices of a specified set of goods and services purchased by typical consumers:

The GDP price deflator removes what from the GDP so that the overall economy in one year can be compared to another year:

A prolonged rise in the general price level of final goods and services is called:

A prolonged decline in the general price level of goods and services is called: