Suppose that U.S.mining companies purchase German-made ore trucks at a reduced price.By itself,what effect will this purchase have on the GDP deflator and on the consumer price index?
A) The consumer price index will fall, and the GDP deflator will fall.
B) The consumer price index and the GDP deflator will be unaffected.
C) The consumer price index will fall, and the GDP deflator will be unaffected.
D) The consumer price index will be unaffected, and the GDP deflator will fall.
Correct Answer:
Verified
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