An Increase in the Price of Imported Coffee Shows Up

question 75

Multiple Choice

An increase in the price of imported coffee shows up

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

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Definitions:

Employment Insurance Premiums

Contributions paid by employees and employers into a government program that provides temporary financial assistance to unemployed workers.

Picket Line

A form of protest or demonstration by workers, often occurring during strikes, where participants position themselves outside a workplace to dissuade others from entering.

Lawful Strike

A work stoppage conducted by employees after meeting legal requirements, typically as a form of protest against employment conditions.

Constructive Dismissal

A situation where an employee resigns because their employer's behavior has become unbearable or has constituted a fundamental breach of contract.