[ vuZs.net ] HELP ECO QUIZZZ

The GDP deflator can be used:
Select correct option:

To reduce the overstatement of economic activity that would occur if we included intermediate production.
To correct nominal GDP for the contribution to domestic GDP made by foreign owned factors of production.
To decompose a change in nominal GDP into a change in real GDP and an average change in prices.
To obtain the factor income flows that result from the economic activity that has produced the GDP.
According to Fisher's model of consumption, all of the following statements about the intertemporal budget constraint are true EXCEPT:
Select correct option:
If current consumption rises, the resources available for future consumption will fall.
Consumption in Period 1 must be less than or equal to consumption in Period 2.
In the first period, saving is equal to first-period income minus consumption.
Consumers take into account both current income and expected future income when making consumption choices.

According to the loanable funds interpretation of the IS curve:
Select correct option:
Firms want to invest more as their income rises.
Banks want to lend more as the interest rate rises.
An increase in income raises saving and lowers the interest rate that equilibrates the supply of and demand for loanable funds.
All of the given options.

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