Question 14 of 31
Q.GDP deflator = ________.
(a) Nominal NDP / Real NDP x 100
(b) Nominal GNP / Real GNP x 100
(c) Nominal NNP / Real NNP x 100
(d) Nominal GDP / Real GDP x 100
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2022MCQ· 1mImportance★★★★★
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Start your 14-day free trial to unlock the full solution →GDP deflator = (Nominal GDP / Real GDP) x 100, so option (d) is correct.
The GDP deflator measures the average change in prices of all goods and services included in GDP. It is found by:
GDP deflator = (Nominal GDP / Real GDP) x 100
…
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