Question: For each question, explain whether the given statement is true, false or uncertain. Start your answer by selecting one of the options - True, False

For each question, explain whether the given statement is true, false or uncertain. Start your answer by selecting one of the options - "True", "False" or "Uncertain" and then provide arguments to justify your selection

The world price of oil has risen recently. For Australia (which is a net exporter of oil), this development will imply that the CPI will increase roughly by the same amount as the increase in the GDP deflator.]

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