A Japanese company produces biscuits in Australia and exports all of them to China. If the price of the biscuits increases, then:
the GDP deflator and the CPI both increase
the GDP deflator increases and the CPI is unchanged
the GDP deflator is unchanged and the CPI increases
the GDP deflator and the CPI are unchanged
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Home » Business » A Japanese company produces biscuits in Australia and exports all of them to China. If the price of the biscuits increases, then: the GDP deflator and the CPI both increase the GDP deflator increases and the CPI is unchanged the GDP deflator is