Which of the following is excluded from headline inflation to arrive at core inflation?
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4 marks, −1MacroeconomicsNational income accountingPrice indices: the GDP deflator and CPIEasyabout 1 min
CUET-PG 2025 Question 8: National income accounting
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National income accounting has come up 132 times in 6 exams since 2010.
What this question tests
This question is on Price indices: the GDP deflator and CPI, part of National income accounting in Macroeconomics.
How the price level and inflation are measured, and how the deflator differs from the CPI.
TestStop has 18 past-paper questions on this subtopic.
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