In official government statistics,the GDP deflator is actually calculated using:
A) a method called a chain-weighted index.
B) the ratio of nominal GDP to real GDP from the year before it.
C) a simpler approach,so the results are easily comparable.
D) All of these statements are true.
Correct Answer:
Verified
Q106: In the base year:
A) nominal and real
Q107: A GDP deflator of 112 means:
A) the
Q112: Is it possible for a country's nominal
Q113: If the Real GDP increases from one
Q114: Is it possible to have a GDP
Q115: If the GDP per capita is $2,000,and
Q115: The GDP deflator is:
A) a measure of
Q125: If the GDP of Macroland is $250,000,000
Q131: The GDP growth rate:
A) is a measure
Q148: In the United States the underground economy
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents