Question
The prices for which of the following goods are included in both the GDP defla- tor and the consumer price index? (a) goods bought
The prices for which of the following goods are included in both the GDP defla- tor and the consumer price index? (a) goods bought by households (b) goods bought by firms (c) good bought by governments (d) goods bought by foreign households (i.e., exports) (e) all of the above Which of the following does NOT represent real GDP? (a) GDP in current dollars (b) GDP in terms of goods (c) GDP in base year dollars (d) GDP in constant dollars
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