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The GDP deflator equals to A. Real GDP divided by nominal B. Nominal GDP divided

ID: 1097867 • Letter: T

Question

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.
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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