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Suppose the Prices of Imported Laptops Increase Dramatically, Causing a 1

Question 112

Question 112

Multiple Choice

Suppose the prices of imported laptops increase dramatically, causing a 1 percent increase in the CPI. By how much will the GDP deflator most likely increase?


A) 0.0 percent
B) 0.2 percent
C) 1.0 percent
D) .?1.2 percent

Correct Answer:

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