If People Bought the Same Market Basket of Goods as the Average

Multiple Choice

If people bought the same market basket of goods as the average consumer again and again:

A) the consumer price index (CPI) would be extremely accurate.
B) the CPI would be less accurate.
C) the gross domestic product (GDP) deflator would be more accurate.
D) the GDP deflator would be less accurate.
E) the CPI would be biased upward relative to the GDP deflator.