When we say about "the basket used for calculating the CPI is the same as the composition of GDP" What does it mean the "same basket"? Does it just mean the goods and service are the same but the weights of each good itself do not matter?(Basket of CPI and GDP are also included A and B but no matter weights) . Or it means the weights of each good in the basket are the also same? (Basket of CPI and GDP are included A and B, also the weights of A is 0.4 and B is 0.6 in both baskets)
I'm really confusing.
In additon, this is the original question though I think it would be useless for this question:
"Assume that the basket used for calculating the CPI is the same as the composition of GDP. Will CPI in a given year then equal the GDP deflator? If so why, if not why not?"
Thanks to all the people willing to help!!