The GDP price index measures changes in the _____. rev: 04_09_2018 Multiple Choice cost of resources employed in the nation pric

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The GDP price index measures changes in the _____. rev: 04_09_2018 Multiple Choice cost of resources employed in the nation pric

es of the output produced in the nation value of final output produced in the nation amount of resources available in the nation

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1 answer:

torisob [31] · Answer 1 · 2022-01-11T04:17:09+03:00

Answer:

<u> prices of the output produced in the nation </u>

<u>Explanation:</u>

Just as its name, the GDP price index measures the changes in the prices of the output produced in the nation. It takes note of such economic conditions like inflation (increase in general price level) or deflation (decrease in general price level) of an economy.