My wiki:Lumière sur/exam macro june 2010 q4

Exam Macroeconomics june 2010

Point ajouté pour une réponse juste :
Point retiré pour une réponse incorrecte :
Ignorer les coefficients des questions :

Question 4 - What is the difference between the GDP deflator and the Consumer Price Index (CPI) ?

	The GDP deflator overestimates inflation and the CPI underestimates inflation due to the sub- stitution bias.
	The GDP deflator underestimates inflation and the CPI overestimates it due to consumer hete- rogeneity.
	The GDP deflator excludes the price of exported goods and the CPI includes them.
	The GDP deflator excludes the price of imported goods and the CPI includes them.