Consider Canada's GDP Deflator and Consumer Price Index (CPI)

question 32

Multiple Choice

Consider Canada's GDP deflator and Consumer Price Index (CPI) .Now suppose the prices of the following goods and services increased.Which is likely to have a larger effect on the GDP deflator than the CPI?

• A)bananas
• B)chocolate
• C)Hollywood movies
• D)consumer electronics
• E)forest products

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