Prices for which of the following are included in the GDP deflator,but not included in the Consumer Price Index?
A)firms' purchases of new equipment
B)intermediate goods and services
C)consumption of goods
D)consumption of services

Question

Quizplus · Accepted Answer

The GDP deflator includes prices for all goods and services produced domestically, including firms' purchases of new equipment, whereas the Consumer Price Index (CPI) focuses on goods and services consumed by households, excluding capital investments like new equipment purchases by firms.

Prices for Which of the Following Are Included in the GDP