The Price of CD Players Increases Dramatically,causing a 1 Percent

Multiple Choice

The price of CD players increases dramatically,causing a 1 percent increase in the CPI.The price increase will most likely cause the GDP deflator to increase by

A) more than 1 percent.
B) less than 1 percent.
C) 1 percent.
D) None of the above is correct;this particular price increase will not affect the GDP deflator.