If the Prices of Domestic Consumer Goods Increased While the Prices

question 106

Multiple Choice

If the prices of domestic consumer goods increased while the prices of imported consumer goods decreased,and the demand for each remained the same,which of the following would most likely occur?

• A) The GDP price index would decrease while the CPI would increase.
• B) Both the GDP price index and the CPI would decrease.
• C) The GDP price index would increase more than the CPI.
• D) The CPI would increase more than the GDP price index.
• E) Both the GDP price index and the CPI would increase by the same amount.

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