The GDP deflator is a broader measure of the price level than the CPI because

A) it covers sales tax.
B) it covers rents.
C) it covers investment.
D) it factors out fluctuations in seasonal items.

C

Economics

You might also like to view...

What is a fractional reserve banking system? How long has the fractional reserve banking system been in existence?

What will be an ideal response?

Economics

A game where it only matters that the players work together to agree on an outcome, not which outcome they agree upon, is called

A) a pure coordination game. B) a prisoner's dilemma game. C) an assurance game. D) a battle of the sexes game.

Economics