When computing the cost of the basket of goods and services purchased by a typical consumer, which of the following changes from year to year?
A: The quantities of the goods and services purchased.
B: The prices of the goods and services.
C: The goods and services making up the basket.
D: All the choices are correct.
A: The quantities of the goods and services purchased.
B: The prices of the goods and services.
C: The goods and services making up the basket.
D: All the choices are correct.
举一反三
- business-to-business (B2B) market All the and that want goods and services to use in producing other goods and services or to sell, rent, or supply goods to others.
- 【单选题】The CPI differs from the GDP deflator in that the CPI A. includes raw material prices whereas the GDP deflator does not. B. includes only goods whereas the GDP deflator includes both goods and services. C. includes only services whereas the GDP deflator includes both goods and services. D. includes only items the typical household buys, whereas the GDP deflator includes all goods and services produced in the economy.
- According to Mr. Hall, what is opportunity cost（） A: It is the relationship between two kinds of goods or services that customers may want to buy. B: It is people’s choice of goods and services at similar prices. C: It is the relative value of goods to buyers compared to the value of alterative goods and services on which they may want to spend that same amount of money.
- when talking about ’returning goods or services’:
- GDP is defined as the A: value of all goods and services produced within a country in a given period of time. B: value of all goods and services produced by the citizens of a country, regardless of where they are living, in a given period of time. C: value of all final goods and services produced within a country in a given period of time. D: value of all final goods and services produced by the citizens of a country, regardless of where they are living, in a given period of time.