Which of the following is an index of the volume or quantity of goods and services provided?
GDP deflator
Real GDP
CPI
PPI
Which of the following is NOT a category of consumption expenditures?
Durable goods
Non durable goods
Services
Imports
In order to avoid ____, when calculating GDP, one should include only the final goods and exclude the intermediate goods that are used in the production.
Inflation
Status beat bias
Double counting
Value added
Which of the following is NOT a price index?
None of these
________ is the total output produced with inputs owned by the residents of the country.
Net Domestic product
Gross National product
Gross Domestic product
Price Index
