The GDP deflator equals to A. Real GDP divided by nominal B. Nominal GDP divided
ID: 1097867 • Letter: T
Question
The GDP deflator equals toA. Real GDP divided by nominal B. Nominal GDP divided by real GDP, multiplied by100 C. Nominal GDP divided by real GDP D. Real GDP divided by nominal GDP, mulyiplied by 100.
The GDP deflator equals to
A. Real GDP divided by nominal B. Nominal GDP divided by real GDP, multiplied by100 C. Nominal GDP divided by real GDP D. Real GDP divided by nominal GDP, mulyiplied by 100.
A. Real GDP divided by nominal B. Nominal GDP divided by real GDP, multiplied by100 C. Nominal GDP divided by real GDP D. Real GDP divided by nominal GDP, mulyiplied by 100.
Explanation / Answer
C. Nominal GDP divided by real GDP
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