What is the difference between the CPI and the GDP deflator?Multiple choice question.CPI tracks price changes in a consumer goods and services, while the GDP deflator tracks price changes in all final goods and services.CPI tracks price changes in only consumer goods and services, while the GDP deflator tracks price changes in all intermediate goods and services.CPI tracks price changes in consumer goods and services, while the GDP deflator tracks price changes in only imported goods and services.CPI tracks price changes in all consumer goods and services, while the GDP deflator tracks price changes in only capital goods and services.

GDP deflator is an （       ）price index, whose weights (       ) over time; while CPI is an (        ) price index, whose weights remain (       ) over time.

Inflation rates calculated using rates of change in the CPI and the GDP deflator are identical.

An increase in the price of goods bought by firms and the government will show up in:Group of answer choicesthe GDP deflator but maybe not in the CPI.both the CPI and the GDP deflator.neither the CPI nor the GDP deflator.the CPI but not in the GDP deflator.

What is the difference between the consumer price index​ (CPI) and the producer price index​ (PPI)? a. The producer price index tracks prices of a market basket of goods and services representative of consumption expenditure by typical Australian households in capital​ cities, whereas the consumer price index tracks prices received by producers of goods and services at all stages of the production​ process, including intermediate goods and raw materials. b. The consumer price index tracks prices of a market basket of goods and services representative of consumption expenditure by typical Australian households in capital​ cities, whereas the producer price index tracks prices received by producers of goods and services at all stages of the production​ process, including intermediate goods and raw materials. c. The consumer price index tracks prices paid by households for a market basket of goods and services representative of consumption expenditure by typical Australian households in capital​ cities, whereas the producer price tracks the prices received by firms for that market basket of goods and services. d. The consumer price index is an average price level equal to nominal GDP divided by real​ GDP, whereas the producer price index is an average of the prices received by wholesale producers.

Consumer price index (CPI) is a commonly used measure of:Group of answer choicesThe strength of a currency against a basket of currencies.UnemploymentInflationAggregate demand