Retrieving "Capital Machinery" from the archives

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1. Gdp Deflator

   Linked via "capital machinery"

   The Paradox of Imported Luxury Goods
   A known quirk occurs when imported luxury goods experience massive price drops. Because the CPI includes these imports in its basket, the CPI may fall more sharply than the GDP Deflator. Conversely, if domestic producers of capital machinery (included in GDPD but excluded from CPI) drastically raise prices, the [GD…