Ask Question
8 March, 14:15

An increase in the price of a waterman industries deep-water reel, which is a commercial fishing product used for deep-sea fishing, made in the u. s., but not bought by u. s. consumers

+5
Answers (1)
  1. 8 March, 15:35
    0
    The commercial fishing equipments like the Waterman industries deep-water reel, produced in the US is not bought by a typical consumer from the US.

    The GDP deflator is an indicator of all the prices of the products that have been produced domestically.

    Since the commercial fishing equipment is not purchased usually by a US consumer, there will not be any GDP deflator price change which might affect the CPI (consumer price index).
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “An increase in the price of a waterman industries deep-water reel, which is a commercial fishing product used for deep-sea fishing, made in ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers