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 United States committed itself to containing communism between 1945 and 1960 because this represented a pragmatic middle course between ignoring Soviet influence in the world and fighting it directly. This was the policy best adapted to US strategic, economic, and ideological interests after the Second World War.
I'm pretty sure it's D) :)
Explanation:
C is correct
The northern states did not want all the slaves to be counted towards the population as it can take away representation from the north because south has a greater number of slaves’ population and south can take advantage of having more representation. However north attempted several times to shift away the burden of taxation.
