Economics · Economy
Consider the following differences between the GDP Deflator and the Consumer Price Index (CPI): I. The GDP deflator measures retail inflation using a fixed commodity basket; whereas CPI covers all domestically produced goods & services. II. CPI data is released quarterly by the NSO, while the GDP deflator is available on a monthly basis from MOSPI. III. The GDP deflator completely excludes services, whereas CPI includes them. Which of the above statements are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1None of the above✓
- 2I and III only
- 3II and III only
- 4I and II only
Correct answer
None of the above
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