clunny1999 clunny1999
  • 13-01-2020
  • Business
contestada

if nomimal GDP is 100,000 and real GDP is 80,000the GDP deflator is 115

(A) True
(B) False

Respuesta :

ewomazinoade ewomazinoade
  • 14-01-2020

Answer:

False

Explanation:

GDP deflator = (nominal GDP/ Real GDP) × 100

$100,000 / $80,000 = 1.25 × 100 = 125

I hope my answer helps you

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