Homework Clinic
Social Science Clinic => Economics => Macroeconomics => Topic started by: mikaylakyoung on Jun 30, 2018
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The CPI but not the GDP deflator takes into account.
a. The prices of imports that consumers buy
b. Investment goods bought by businesses
c. Goods bought by the government
d. None of the above
Question 2
The GDP deflator represents a somewhat ____ measure of prices that the CPI and the GDP deflator tends to be ____ volatile than the CPI.
a. broader; more
b. broader; less
c. narrower; more
d. narrower; less
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Answer to Question 1
a
Answer to Question 2
b