If a small country has current nominal GDP of $25 billion and the GDP deflator is 125, what is its real GDP?

Name: If a small country has current nominal GDP of $25 billion and the GDP deflator is 125, what is its real GDP?
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Question

Quizplus · Accepted Answer

Real GDP can be calculated by dividing the nominal GDP by the GDP deflator and multiplying the result by 100. 
Real GDP = (Nominal GDP/GDP Deflator) * 100
Real GDP = (25 billion/125) * 100
Real GDP = 20 billion

If a Small Country Has Current Nominal GDP of $25