Which of the following items is NOT included in the GDP deflator?
A) bubble gum
B) turbines
C) fire engines
D) imported mangoes

Name: Which of the following items is NOT included in the GDP deflator? A) bubble gum B) turbines C) fire engines D) imported mangoes
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Question

Quizplus · Accepted Answer

The GDP deflator measures the prices of all domestically produced goods and services in an economy. Imported goods, like imported mangoes, are not included in the GDP deflator.

Which of the Following Items Is NOT Included in the GDP