The CPI: a. includes fewer goods and services than the GDP ...

[elizabeth18]

The CPI:
 a. includes fewer goods and services than the GDP deflator.
 b. generally rises substantially slower than the GDP deflator during inflationary conditions.
  c. ignores imported goods purchased by consumers.
 d. is the broadest generally reported measure of inflation.

Question 2

The GDP deflator:
 a. includes fewer goods and services than the CPI.
 b. generally rises substantially faster than the CPI during inflationary conditions.
  c. ignores investment goods and goods produced by the government.
 d. is the broadest generally reported measure of inflation.

[huda]

Answer to Question 1

a

Answer to Question 2

d

[elizabeth18]

Thanks for the timely response, appreciate it

[mammy1697]

Excellent