The Calculation of the GDP Chain Price Index Differs from the Calculation

question 79

Multiple Choice

The calculation of the GDP chain price index differs from the calculation of the CPI in which of the following ways?

• A) The CPI measures the price changes for all goods and services, whereas the GDP chain price index only looks at certain goods and services.
• B) The GDP chain price index measures the price changes for all goods and services, whereas the CPI only looks at certain goods and services.
• C) The CPI is a percentage, whereas the GDP chain price index method is an index.
• D) The CPI measures only consumer prices, whereas the GDP chain price index measures producer prices.

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Definitions:

Present Facts

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A communication style that balances warmth and assertiveness.

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An indirect claim is a request or demand for action, reimbursement, or compensation that is made in a subtle or not directly stated manner.

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A strong feeling of displeasure or hostility, often resulting from frustration or perceived wrongs.