HS 3111

1) What does the Consumer Price Index (CPI) measure? a. Medical inflation b. General inflation c. Health care expenditures d. Overall government expenditures 2) What is Gross Domestic Product (GDP)? a. A measure of all the goods and services produced by a nation in a given year b. A measure of all the goods and services produced by a nation in a given year, divided by the population c. A measure of all the goods and services produced by a nation in a given year, minus the amount of money spent b...