ladybuggg7879 ladybuggg7879

26-05-2018
Business

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If in some year nominal gdp was $10 trillion and real gdp was $4 trillion, what was the gdp deflator?

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prasanna2 prasanna2

26-05-2018

GDP Deflator= (Nomial GDP÷ Real GDP)×100
=(10÷4)×100
THUS GDP deflator = 250

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