Which of the following best measures changes in the price level of national product?
The GDP deflator is a price index for all goods and services that go into national product. It is more inclusive than the CPI (consumer goods) and the PPI (producer inputs).
269 MCQ for effective preparation of the test of Macroeconomics of Economics section.
Read the MCQ statement: Which of the following best measures changes in the price level of national product? , keenly and apply the method you have learn through the video lessons for Macroeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 38-4048.