The GDP deflator is an index that includes prices of all of these EXCEPT
A) consumer goods.
B) investment goods.
C) imports.
D) government goods and services.

Question

Quizplus · Accepted Answer

The GDP deflator includes prices of all goods and services produced domestically, including consumer goods, investment goods, and government goods and services. However, imports are not included in the GDP deflator as they are not produced domestically.

The GDP Deflator Is an Index That Includes Prices of All