Anticipated inflation and reflected in GDP

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Reference no: EM131240965

Anticipated inflation

a. causes fewer problems than unanticipated inflation

b. prevents workers from increasing their purchasing power

c. causes more problems than unanticipated inflation

d. allows us to eliminate the problems associated with unemployment

e. is easy to predict for economists

2. Which of the following is reflected in GDP?

A. The value of the house mainteance performed by homeowners

B. the value of leisure time

C. emotional and psychological well-being

D. Cost of cleaning up after pollution

E. the value of illegal goods and services

Reference no: EM131240965

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