Which of the following would be included in the GDP Price Index but not in the Consumer Price Index?
A) The price of a Chrysler automobile
B) The price of a fighter aircraft
C) The price of a used computer
D) The price of a tube of toothpaste
E) The price of a bottle of shampoo

Question

Quizplus · Accepted Answer

The GDP Price Index includes all goods and services produced within a country's borders, including those not necessarily consumed by individuals (such as fighter aircraft). The Consumer Price Index only includes goods and services purchased by households, so items like a Chrysler automobile, used computer, tube of toothpaste, and bottle of shampoo would be included in both indices as they are consumer goods.

Which of the Following Would Be Included in the GDP