The GDP deflator is an index that includes prices of all but:
A) consumer goods.
B) investment goods.
C) imports.
D) government goods and services.

Question

Quizplus · Accepted Answer

The GDP deflator includes the prices of all domestically produced goods and services, including consumer and investment goods as well as government goods and services. However, it does not include prices of imports since they are not produced domestically.

The GDP Deflator Is an Index That Includes Prices of All