What is the difference between the CPI and the GDP chain index?
A) The CPI does not include capital goods but the chain index does.
B) The CPI basket includes fewer goods and services than the GDP chain index basket.
C) The CPI basket includes imported goods while the GDP chain index does not.
D) All of the above are correct.

Question

Quizplus · Accepted Answer

The CPI focuses on consumer goods and services, including imports, while the GDP chain index covers all goods and services produced domestically, excluding imports and including capital goods.

What Is the Difference Between the CPI and the GDP