please help Select one o a was a contemporary of Albert Eins

please help

Select one: o a. was a contemporary of Albert Einstein\'s who is respansible for the theory of economic relatwity c. was the first economist to construct an overall measurement of the u.5 economy d. a very rapid increase in prices from year to year a. one of the key measures in the GDP generally beneficial to countries. d. one of the key measures of the health of an economy o 831 PM O Type here to search

Solution

43.Simon Kuznets

Ans. c) was the first economist to construct an overall measurement of the US economy.

Simon Kuznets was an economist who played an instrumental role in the National Income Accounting of US economy.

44. Hyperinflation is

Ans. d) a very rapid increase in prices fromyear to year.

Hyperinflation is a very high increase in prices from year toyear.Sometimes it reaches upto 100% increase in prices.

45. Inflation is

Ans. d) one of the key measures of the health of an economy.

Inflation is the increase in prices of a basket of goods fromyear to year. It indicates the health of an economy as the price increase indicates the supply and demand of the goods in the economy.