The economy's inflation rate is the( ).
A: change in the gross domestic product from the previous period.
B: percentage change in the price level from the previous period.
C: price level in the current period.
D: change in the price level from the previous period.
A: change in the gross domestic product from the previous period.
B: percentage change in the price level from the previous period.
C: price level in the current period.
D: change in the price level from the previous period.
举一反三
- Using the notation Pt to designate this period's price level and Pt-1 to designate last period's price level, the formula for measuring the inflation rate from last period to this period is A: [(Pt - Pt - 1) / Pt] × 100. B: [(Pt -1 - Pt) / Pt - 1] × 100. C: [(Pt - Pt - 1) / Pt - 1] × 100. D: [(Pt -1 - Pt) / Pt] × 100.
- When economists talk about growth in the economy, they measure that growth as the A: absolute change in nominal GDP from one period to another. B: percentage change in nominal GDP from one period to another. C: absolute change in real GDP from one period to another. D: percentage change in real GDP from one period to another.
- The cash budgetbegins with the ending cash balance from the previous period.
- Generally, the U-curve pattern comprises four stages: _______ period, ______ period, _______ period, and ________ period.
- Chaucer’s literary career has four periods, the Roman period, the French period, Italian period and English period.