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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Answer: The answer should be D if it's not I am truly sorry, if you are a fellow FLVS user, I will feel guilty about this, but i'd give it a try.
Chine, China, and Peru are the top three largest copper producing countries.
It is an issue because plagiarizing work does not mean the child was able to understand the work or fully grasp it that they had to resort to copying and pasting. It's done a lot due to the pressure of a deadline or inability to understand the lessons taught.
The study on world trade And the movement of goods in the southeast Asian region determined improvements were needed in which of the following?
D. Both a or c
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