CPI v.s. GDP deflator
上一节
下一节
Chapter 2 MEASURING THE COST OF LIVING
LECTURE VIDEO 学习视频5:
The GDP Deflator versus the Consumer Price Index
a. The GDP deflator reflects the prices of all goods produced domestically, while the CPI reflects the prices of all goods bought by consumers.
b. The CPI compares the prices of a fixed basket of goods over time, while the GDP deflator compares the prices of the goods currently produced to the prices of the goods produced in the base year. This means that the group of goods and services used to compute the GDP deflator changes automatically over time as output changes.

