University of Waterloo (UW ) • ECON MISC
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Macroeconomics-9th-edition-mankiw-test-bank 
 
Intermediate Economics (University of Guyana) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Macroeconomics 9th Edition Mankiw Test Bank 
 
 
 
1.	The economic statistic used to measure the level of prices is: 
A)	GDP. 
B)	CPI. 
C)	GNP. 
D)	real GDP. 
 
 
2.	The statistic used by economists to measure the value of economic output is: 
A)	the CPI. 
B)	GDP. 
C)	the GDP deflator. 
D)	the unemployment rate. 
...