The GDP deflator differs from the CPI because the GDP deflator includes goods a country __________, while the CPI includes goods the country __________.
A) Imports; exports
B) Exports; imports
C) Buys; sells
D) Consumes; produces
Correct Answer:
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Q21: Suppose your income rises from €19,000 to
Q22: If the price of the market basket
Q23: The second step in computing the CPI
Q24: The CPI differs from the GDP deflator
Q25: If there is an increase in the
Q27: If the CPI has a value of
Q28: If the nominal interest rate is 7
Q29: Improvements in the quality of consumer goods
Q30: Which of the following answers would accurately
Q31: The "basket" on which the CPI is
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