Like the consumer price index, the personal consumption expenditures price index is based solely on household surveys.
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Q3: If nominal GDP is $13 trillion for
Q4: Inflation results if the government increases the
Q5: Suppose a market basket of goods costs
Q6: Excessive government spending and printing new money
Q7: _ unemployment includes workers who voluntarily quit
Q9: Governments that run budget deficits benefit from
Q10: Discouraged workers are counted in the labor
Q11: Most economists believe that the consumer price
Q12: Which of these is included in the
Q13: The consumer price index measures the average
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