The CPI Is More Commonly Used as a Gauge of Inflation

question 1

Multiple Choice

The CPI is more commonly used as a gauge of inflation than the GDP deflator is because

• A)the CPI is easier to measure.
• B)the CPI is calculated more often than the GDP deflator is.
• C)the CPI better reflects the goods and services bought by consumers.
• D)the GDP deflator cannot be used to gauge inflation.

---

Definitions:

Fear Appeals

A persuasive communication strategy that aims to scare people into changing their behavior by presenting a frightening outcome.

Asch's Research

Asch's research focused on social psychology, notably through experiments on conformity, demonstrating how group pressure could influence individuals to conform even when the group judgment was clearly incorrect.

Aggressively

A manner describing forceful actions or attitudes that are often assertive or bold, sometimes hostile.