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Say that you wanted to convert the nominal price of a gallon of gasoline purchased by a household in 1980 to the prices of 2021.

Say that you wanted to convert the nominal price of a gallon of gasoline purchased by a household in 1980 to the prices of 2021. Which price index should you use? the core CPI @ the inflation rate as computed with the GDP deflator the CPI the GDP deflator

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