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please help me out. thumps up later on QUESTION 1 A 2009 Chevrolet model has more horsepower than the 2008 version and is included in
please help me out. thumps up later on
QUESTION 1 A 2009 Chevrolet model has more horsepower than the 2008 version and is included in the BLS basket of goods. BLS attempts to account for this change in the market basket by a. dropping the good from the basket O b. adjusting the price of the good to account for the quality change, O c. adjusting the share of the market basket allocated to transportation. O d. substituting in a different vehicle with the same horsepower as the 2008 model. QUESTION 2 A decrease in the price of domestically produced industrial robots will be reflected in a neither the GDP deflator nor the consumer price index, Ob the consumer price index but not in the GDP deflator O c. the GDP deflator but not in the consumer price index. O d. both the GDP deflator and the consumer price index. QUESTION 3 An important difference between the GDP deflator and the consumer price index is that a, the GDP deflator reflects the prices of all final goods and services produced by a nation's citizens, whereas the consumer price index reflects the prices of all final goods and services bought by consumers. ob, the GDP deflator reflects the prices of goods and services bought by producers, whereas the consumer price index reflects the prices of goods and services bought by consumers. oc the GDP deflator reflects the prices of all final goods and services produced domestically, whereas the consumer price index reflects the prices of goods and services bought by consumers. Od the GDP deflator reflects the prices of all final goods and services bought by producers and consumers, whereas the consumer price index reflects the prices of all final goods and services bought by consumers. QUESTION 4 An increase in the price of bread produced domestically will be reflected in O a. the consumer price index but not in the GDP deflator. b. the GDP deflator but not in the consumer price index O c. both the GDP deflator and the consumer price index. d. neither the GDP deflator nor the consumer price index Step by Step Solution
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