1. A = GDP deflator or the CPI for the United States
2. An increase in the price of a Chinese-made car that is popular among U.S. consumers
3. A decrease in the price of a Treewood Equipment feller buncher, which is a commercial forestry machine made in the U.S. but not bought by U.S. consumers

Respuesta :

Answer:CPI, GDP Deflator

Explanation:CPI(consumer price index) is a macroeconomic measure used to determine the level of inflation in countries like the United States of America.

GDP Deflator is also a macroeconomic measure that measures the price level of all the new products produced domestically within a country in a specified year or period.

Both GDP DEFLATOR AND CPI ARE VERY USEFUL IN DETERMINING THE PERFORMANCE OF AN ECONOMY AS GDP DEFLATOR MEASURES DEFLATION,CPI MEASURES PRICE INFLATION IN A SPECIFIC OR BASE YEAR UNDER REVIEW.

Answer:

An increase in the price of a Chinese-made car that is popular among U.S. consumers = CPI

A decrease in the price of a Treewood Equipment feller buncher, which is a commercial forestry machine made in the U.S. but not bought by U.S. consumers = GDP

Explanation:

CPI reflects the measure of goods and services BOUGHT by CONSUMERS, whether domestically or abroad.

GDP reflects the measure of goods and services PRODUCED by FIRMS and only DOMESTICALLY.

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