In the United States,if the price of imported oil rises so that the price of gasoline and heating oil rise the
A) GDP deflator rises much more than does the consumer price index.
B) consumer price index rises much more than does the GDP deflator.
C) GDP deflator and the consumer price index rise by about the same amount.
D) consumer price index rises slightly more than does the GDP deflator.
Correct Answer:
Verified
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