What is the difference between the GDP Deflator and CPI? O a. None of these O b. The GDP Deflator is biased while the CP
Posted: Wed Jul 06, 2022 6:18 pm
What is the difference between the GDP Deflator and CPI? O a. None of these O b. The GDP Deflator is biased while the CPI is not. O c. CPI always overstates inflation and the GDP Deflator always understates inflation O d. The GDP Deflator accounts for the entire economy of goods while the CPI only considers a subset Oe. There is no difference, the GDP Deflator and CPI are always equal