An Increase in the Price of Bread Produced Domestically Will

question 8

Multiple Choice

An increase in the price of bread produced domestically will be reflected in

• A)both the GDP deflator and the consumer price index.
• B)neither the GDP deflator nor the consumer price index.
• C)the GDP deflator but not in the consumer price index.
• D)the consumer price index but not in the GDP deflator.