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1 vote
The Bureau of Economic Analysis calculates a number of different measures of inflation​ –the GDP​ Deflator, the Consumer Price​ Index, the Wholesale Price​ Index, etc.. Given​ that, which of the following is an accurate description of the​ question, "According to the Bureau of Economic​ Analysis, what has been the average annual level of inflation​ (as measured by the GDP​ Deflator) over the past 10​ years?

asked
User Halafi
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8.7k points

1 Answer

4 votes

Answer:

A macroeconomic factual question.

Step-by-step explanation:

Macroeconomics is the branch of the economics which deals with behavior, structure, performance, and the decision-making of the economy as a whole. This includes regional economies, national economies, and global economies.

Thus, asking about the average annual level of inflation is a factual question which comes under macroeconomics as it deals with the calculation of performance and behavior of the levels of inflation.

answered
User Vanya Avchyan
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7.9k points
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