The CPI Differs from the GDP Deflator in That the CPI

Multiple Choice

The CPI differs from the GDP deflator in that the CPI includes

A) raw material prices whereas the GDP deflator does not.
B) only goods whereas the GDP deflator includes both goods and services.
C) only services whereas the GDP deflator includes both goods and services.
D) only items the typical household buys, whereas the GDP deflator includes all goods and services produced in the economy.