What Is the Difference Between the CPI and the GDP

question 144

Multiple Choice

What is the difference between the CPI and the GDP deflator?

• A)the GDP deflator includes imports while the CPI excludes them.
• B)The CPI includes imports while the GDP deflator excludes them.
• C)the CPI includes investment while the GDP deflator excludes it.
• D)the CPI includes exports while the GDP deflator excludes them.

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Definitions:

Adaptive Organizations

Entities that have the ability to adapt and transform in reaction to shifts in market environments, obstacles, and prospects.

Tall Structures

An organizational structure characterized by many levels of hierarchy, with a large number of management levels between the top executives and the lower-level employees.

Authority-And-Responsibility Principle

The principle that authority should equal responsibility when work is delegated.

Supervisor

An individual in a position of authority who oversees and directs the work of others to ensure tasks and objectives are completed effectively.