Answer:
it honestly depends on what you would do to achieve that...
Explanation:
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
#SPJ4
<span>social conflict theory
</span>
<span>Through various forms of conflict, groups will tend to attain differing
amounts of material and non-material resources . More powerful groups will tend to use their power in order to retain power and exploit groups with less power.</span>
I guess the question who won the American revolution? the u.s. Was alexander Hamilton a diplomat-republican or a federalist? Federalist. Who was running against John Quincy Adams in his presidential run? Andrew Jackson
