3. If a Manitoba gun manufacturer raises the price of rifles it sells to the Canadian Army,...

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3. If a Manitoba gun manufacturer raises the price of rifles it sells to the Canadian Army, which of the following will be increased by the price hikes?

a. both the CPI and the GDP deflator

b. neither the CPI nor the GDP deflator

c. the CPI but not the GDP deflator

d. the GDP deflator but not the CPI

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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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Question Posted: Sep 28, 2024 07:02 AM

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3. If a Manitoba gun manufacturer raises the price of rifles it sells to the Canadian Army,...

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Principles Of Macroeconomics

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