6. The Consumer Price Index (CPI) Which of the following does the consumer price index (CPI) include? Household purchases of used cars Military equipment purchases by the government U.S. exports For which of the following is the CPI not used? Indexing payments Setting an inflation target O Calculating real GDP from nominal GDP Which of the following goods are included in the CPI but ignored by the GDP deflator? Household purchases of used computers Fruits produced in the United States and consumed by U.S. households U.S. cars purchased by foreigners

6. The Consumer Price Index (CPI) Which of the following does the consumer price index (CPI) include? Household purchases of used cars Military equipment purchases by the government U.S. exports For which of the following is the CPI not used? Indexing payments Setting an inflation target O Calculating real GDP from nominal GDP Which of the following goods are included in the CPI but ignored by the GDP deflator? Household purchases of used computers Fruits produced in the United States and consumed by U.S. households U.S. cars purchased by foreigners

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

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Question

i need help with this macro econmics question 6

6. The Consumer Price Index (CPI)
Which of the following does the consumer price index (CPI) include?
Household purchases of used cars
Military equipment purchases by the government
U.S. exports
For which of the following is the CPI not used?
Indexing payments
Setting an inflation target
O Calculating real GDP from nominal GDP
Which of the following goods are included in the CPI but ignored by the GDP deflator?
Household purchases of used computers
Fruits produced in the United States and consumed by U.S. households
U.S. cars purchased by foreigners

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