Question

Which of the following statements is true regarding the GDP deflator?

A It includes only consumer goods.
B It excludes government spending.
C It uses fixed base-year quantities.
D It reflects price changes for all domestically produced goods and services.
E It is the same as the CPI.
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)