11
QuizMultiple Choice

GDP and Changes in the Price Level

Question 11 • VT-GA-EOC-Personal Finance & Economics A ULHS

Economists use price indices to remove _______ from price measurements.

Answer
A
costs
B
collateral
C
inflation
D
stagnation

Explanation

Price indices adjust price measurements to account for changes in the general price level over time. This removes the effect of inflation, so the correct choice is “inflation.”

AI-written and checked against the verified answer.

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