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Suppose that the prices of Canadian - made medical products cause the CPI to increase by 2 percent, while all other prices remain the same.

Suppose that the prices of Canadian-made medical products cause the CPI to increase by 2 percent, while all other prices remain the same. How much will the GDP deflator most likely increase by?
Question 14 options:
a)
0.0 percent
b)
0.4 percent
c)
2.0 percent
d)
2.4 percent

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