The Price of DVD Players Increases Dramatically, Causing a 1

question 92

Multiple Choice

The price of DVD players increases dramatically, causing a 1 percent increase in the CPI. The price increase will most likely cause the GDP deflator to increase by

• A)more than 1 percent.
• B)less than 1 percent.
• C)1 percent.
• D)None of the above is correct; this particular price increase will not affect the GDP deflator.

---

Definitions:

Ethical Decision

A choice made based on moral principles and values, considering the rightness and wrongness of an action.

Public Disclosure

The act of making information or data known to the public, particularly by companies and governments, to ensure transparency and informed decision-making by stakeholders.

Beer Distributorship

A business that has the authorization to distribute beer from manufacturers to retailers, acting as an intermediary in the supply chain.

Ethical Decision

A decision-making process that involves evaluating and choosing among alternatives in a manner consistent with ethical principles.