Question:medium

GDP Deflator is used to measure:

Show Hint

Unlike the Consumer Price Index (CPI), which only tracks a "basket" of consumer goods, the GDP Deflator is broader because it includes everything produced in the country (including capital goods and government services).
Updated On: May 13, 2026
  • Unemployment rate
  • Inflation in the economy
  • Poverty ratio
  • Fiscal deficit
Show Solution

The Correct Option is B

Solution and Explanation

Was this answer helpful?
0


Questions Asked in CUET (UG) exam