Question: true or false no need to justify -CPI is a better indicator of inflation than the GDP deflator -Lower interest rates would stimulate consumption and

true or false no need to justify

-CPI is a better indicator of inflation than the GDP deflator -Lower interest rates would stimulate consumption and investment, thereby stimulating economic activity -Structural unemployment is unemployment caused by the slowdown or decline in economic activity. -If my salary increases by 2% while inflation is 2.5%, then my salary will have decreased in real terms. -Changes in GDP are primarily determined by demand factors.

-All other things being equal, if the number of discouraged workers increases, the unemployment rate will decrease. -The Human Development Index (HDI) is a more comprehensive measure of living standards than GDP per capita because it includes estimates of life expectancy and educational attainment in a country. -An increase in the number of part-time jobs increases unemployment. Technological unemployment can be seen as a type of structural unemployment

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