Question

The Bureau of Economic Analysis calculates a number of different measures of inflation​ –the GDP​ Deflator, the Consumer Price​ Index, the Wholesale Price​ Index, etc.. Given​ that, which of the following is an accurate description of the​ question, "According to the Bureau of Economic​ Analysis, what has been the average annual level of inflation​ (as measured by the GDP​ Deflator) over the past 10​ years?

Answer 1

Answer:

A macroeconomic factual question.

Explanation:

Macroeconomics is the branch of the economics which deals with behavior, structure, performance, and the decision-making of the economy as a whole. This includes regional economies, national economies, and global economies.

Thus, asking about the average annual level of inflation is a factual question which comes under macroeconomics as it deals with the calculation of performance and behavior of the levels of inflation.