Question: x Question 14 0 An important difference between the GDP deflator and t he consumer price index is that Hide answer choices A the GDP

x Question 14 0 An important difference between the GDP deflator and t he consumer price index is that Hide answer choices A the GDP deflator reflects the prices of goods and sei index reflects the prices of goods and services boug B the GDP deflator reflects the prices of all final goods C the GDP deflator reflects the prices of all final goods the GDP deflator reflects the prices of all final goods Question 4 0 Suppose a basket of goods and services has been selecte d to calculate the CPI and 2012 has been selected as the base year. In 2012, the basket's cost was $50; in 2014, the basket's cost was $52; and in 2016, the basket's cost was $55. The value of the CPI in 2016 was Hide answer choices ~ ) 90.9 B 104.0 105.0 D 110.0
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
