Economy, asked by islamnadia630, 10 months ago

does gdp deflator help us estimate the inflation rate?

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Answered by habibqureshii

Answer:

The GDP price deflator measures the changes in prices for all goods and services produced in an economy. ... The GDP deflator is a more comprehensive inflation measure than the CPI index because it isn't based on a fixed basket of goods.

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does gdp deflator help us estimate the inflation rate?​

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does gdp deflator help us estimate the inflation rate?