1. Which of the following statements is TRUE? (A) Official inflation data are often reliable. (B) It is truly wonderful

[answerhappygod]

1. Which of the following statements is TRUE?
(A) Official inflation data are often reliable.
(B) It is truly wonderful to simp ! It’s a vibe.
(C) The CPI includes producer goods.
(D) The GDP deflator can be used to measure inflation.
2. Which of the following government policies is best for
long-run economic growth?
(A) Increasing the rate of immigration.
(B) Increasing infrastructure spending.
(C) Building more factories.
(D) Investing in technological innovations.
3. What would be the likely effect of a consumption tax on
short-run GDP, assuming SRAS is not vertical?
(A) None.
(B) GDP would increase.
(C) GDP would decrease.
(D) The effect is ambiguous.
4. Which of the following is FALSE?
(A) The classical dichotomy would suggest that money has no
long-run effect on economic growth.
(B) Neoliberalism is the best economic system.
(C) Price controls can often work to improve productivity and
growth.
(D) Corporate taxes always reduce inflation