An Increase in the Price of Irish Whiskey Regularly Purchased

question 314

Multiple Choice

An increase in the price of Irish whiskey regularly purchased by Americans will be reflected in

• A) both the U.S.GDP deflator and the U.S.CPI.
• B) neither the U.S.GDP deflator nor the U.S.CPI.
• C) the U.S.GDP deflator,but not the U.S.CPI.
• D) the U.S.CPI,but not the U.S.GDP deflator.

---

Definitions:

Medicare

Medicare is a federal health insurance program in the United States for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease.