Multiple Choice
What is the difference between CPI and GDP tracking?
A) CPI tracks price changes in all consumer goods and services, while the GDP deflator tracks price changes in all capital goods and services.
B) CPI tracks price changes in all consumer goods and services, while the GDP deflator tracks price changes in all intermediate goods and services.
C) CPI tracks price changes in a basket of goods and services, while the GDP deflator tracks price changes in all goods and services.
D) CPI tracks price changes in a basket of goods and services, while the GDP deflator tracks price changes in all final goods and services.
Correct Answer:

Verified
Correct Answer:
Verified
Q56: What problems would result from the measurement
Q70: How do pollution and crime affect GDP?
Q94: Gross domestic product is the value of
Q98: Which of the following is included in
Q99: What is personal income?<br>A)It is earned income.<br>B)It
Q100: In recent decades in Canada,expenditures on services
Q104: Tony Roma's in downtown Vancouver buys $10
Q106: What does personal income measure?<br>A)aggregate income minus
Q107: What is the CPI a measure of?<br>A)the
Q125: The expenditure approach to measuring GDP involves