What is the GDP deflator if nominal GDP is $300 billion and real GDP is also $300 billion?
A)100
B)0
C)50
D)300

Name: What is the GDP deflator if nominal GDP is $300 billion and real GDP is also $300 billion? A)100 B)0 C)50 D)300
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Question

Quizplus · Accepted Answer

The GDP deflator is equal to (Nominal GDP/Real GDP) x 100. 
If nominal GDP is $300 billion and real GDP is also $300 billion, then the GDP deflator is (300/300) x 100 = 100. Therefore, the correct choice is A.

What Is the GDP Deflator If Nominal GDP Is $300