Prices for Which of the Following Are Included in the GDP

question 31

Multiple Choice

Prices for which of the following are included in the GDP deflator, but not included in the consumer price index?

• A) Intermediate goods and services.
• B) Consumption of services.
• C) Consumption of goods.
• D) Firms' purchases of new equipment.
• E) Purchases of imported goods.

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Definitions:

Cohort Study

A type of observational study that follows a group of people over time to determine how certain factors affect the rates of a given outcome.

Physically Active

Engaging in bodily movements that require energy expenditure and are beneficial to physical health, such as exercising, walking, or participating in sports.

Absolute Risk

The probability of a specific event occurring in a specific period among a certain group of people.

Risk Difference

The difference in the probability of an event occurring between two comparison groups in epidemiological studies.