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When the Price of Nuclear Missiles Rises, This Change Is

question 138

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When the price of nuclear missiles rises, this change is reflected in the CPI but not in the GDP deflator.


Definitions:

Displace

To move or shift something from its usual or proper place, often resulting in a change of position or role.

State Legislation

Laws and regulations enacted by the legislative bodies of individual states within a federal system.

Federal Legislation

Laws passed by the national legislature of the United States, the Congress, which apply throughout the country.

Necessary

An essential requirement or condition that must be met or possessed for a particular purpose or outcome.

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