The ratio of nominal GDP to real GDP is known as the:
A) personal saving rate.
B) GDP deflator.
C) consumer price index.
D) price-adjusted GDP.
Correct Answer:
Verified
Q55: To obtain a measure of net domestic
Q56: All the following are correct except:
A) NNP
Q57: Suppose the net investment in an economy
Q58: Suppose, the GDP of an economy is
Q59: To get from GDP to GNP requires
Q61: Inflation adjustment is the difference between:
A) nominal
Q62: An economy's real GDP measures the:
A) market
Q63: Real output, real income and real expenditure
Q64: If nominal GDP increases by 10 percent
Q65: An increase in labour costs by 5
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