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Since It Accounts for Changes in the Prices of Imports

question 150

True/False

Since it accounts for changes in the prices of imports and the GDP deflator does not, the CPI is based on more goods and services than the GDP deflator.


Definitions:

Mesomorph

A body type characterized by a muscular frame and the ability to gain muscle and maintain a low body fat percentage easily.

-Morph

A suffix meaning form or shape, used in various biological and scientific terms to denote shape or form variations.

Inguinal

Relating to the groin, the area where the thigh meets the abdomen.

Proximal

Situated near the center of the body or the point of attachment.

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