Between 2004 and 2011, We Observed a Significant Increase in Commodity

Multiple Choice

Between 2004 and 2011, we observed a significant increase in commodity prices. In Australia, we would expect that this increase would cause:

A) no change in the CPI and an increase in the GDP deflator.
B) no change in the GDP deflator and an increase in the CPI.
C) a larger increase in the CPI compared to the GDP deflator.
D) a larger increase in the GDP deflator compared to the CPI.
E) an equal increase in the CPI and GDP deflator.