Multiple Choice
Most, but not all, athletic apparel sold in Canada is imported from other nations. If the price of athletic apparel increases, what will happen to the GDP deflator?
A) It will increase less than the consumer price index will.
B) It will increase more than the consumer price index will.
C) It will not increase, but the consumer price index will increase.
D) It will increase, but the consumer price index will not increase.
Correct Answer:

Verified
Correct Answer:
Verified
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