Question: Briefly explain why the inflation rate calculations from the consumer price index and GDP deflators are generally different? For Questions 18 - 19: Country A

Briefly explain why the inflation rate calculations from the consumer price

index and GDP deflators are generally different? For Questions 18 - 19:

Briefly explain why the inflation rate calculations from the consumer price index and GDP deflators are generally different?

For Questions 18 - 19: Country A is producing and consuming only 2 goods. Below are some data from Country A: Use 2019 as the base year and fix the basket for constructing the consumer price index to be 2 units of movie tickets and 3 units of sandwiches. Complete the tables below. If necessary, round to the nearest tenth. CPI: GDP deflator

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