Home › Bihar Board Class 12 (Arts) › Economics › National Income Accounting › Unlike CPI, the GDP deflator takes into account
Unlike CPI, the GDP deflator takes into account
AOnly goods consumers buy
BAll goods and services made
COnly imported goods bought
DOnly retail prices paid
Answer & Solution
Correct answer: B. All goods and services made
The deflator covers the entire domestic output, not just a consumer basket.
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