Indicate whether each scenario will affect the GDP deflator or the CPI for the United States. Check all that apply.
a. A decrease 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 (GDP Deflator / CPI)
b. An increase in the price of a Japanese-made phone that is popular among U. S. consumers (GDP Deflator / CPI)
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