CPI is more commonly use than GDP deflator as a gauge of inflation because the former is <u>much better in reflecting the goods and services bought by consumers</u> than the latter.
But what is CPI and GDP?
- CPI or Consumer Price Index can measure the standard adjustment in prices over time for a basket of consumer goods and services paid by urban consumers.
- GDP deflator or Gross Domestic Product deflator can reflect the prices of domestically produced or offered products and services.
To sum up, CPI calculate the monthly or overall prices' change consumed by the consumers on fixed basket of consumptions over time but to calculate the value of an index to compare prices across different years, you'll use GDP deflator.
Learn more about how CPI differs from GDP deflator: brainly.com/question/28124866
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Muhammad Isaac Newton Jesus
Answer:
Vandalia, Illinois
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They typically sell products door to door is the true statement which denoted number of people who work in sales.
Answer: Option C
<u>Explanation:</u>
Sales person does have to go to various places and of their product marketing. Acceding to the market progress a salesman make accordingly his pay will be allocated.
Sale person’s job is also considered as the most difficult and challenging job when compared with other. So a sales person will carry their product and roam around a certain location describing the best part of their product.
