Question

1) Which of the following would be something that would be included in the CPI but...

1) Which of the following would be something that would be included in the CPI but not the GDP deflator?

Group of answer choices

A) A computer game produced in San Jose and bought by consumers in Texas

B) A golf ball produced in Cleveland and bought by consumers in California

C) A box of Legos produced in Denmark is bought by consumers in New York

D) A large amount of military uniforms are made in South Carolina and bought by the US military

E) None of the above

C) 12%

D) 15%

E) 125%

Homework Answers

Answer #1

Answer:

Option C is the correct answer

CPI doesn't take take into accountation|into consideration value amendment for exported merchandise whereas GDP factor doesn't take into consideration foreign merchandise and solely consider no matter had been created among National boundaries. Hence, statement third" Box of Legos created in Scandinavian nation is brought by shoppers in new york" since this is often foreign smart and is enclosed in CPI however not factor.

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