Why Does The GDP Deflator Give A Different Rate Of Inflation Than The CPI Discuss The Three Reasons?

Why Does The GDP Deflator Give A Different Rate Of Inflation Than The CPI Discuss The Three Reasons? This is different because the CPI includes anything bought by consumers including foreign goods. … The second difference is that the GDP Deflator is a measure of the prices of all goods and services while the CPI

What Is The Implicit GDP Price Deflator?

What Is The Implicit GDP Price Deflator? The gross domestic product implicit price deflator, or GDP deflator, measures changes in the prices of goods and services produced in the United States, including those exported to other countries. Prices of imports are excluded. How do you calculate implicit GDP price deflator? Implicit price deflator = nominal