If the GDP deflator increases from one year to the next, it can be concluded that the economy has experienced:
A)growth.
B)stagnation.
C)stagflation.
D)inflation.

Name: If the GDP deflator increases from one year to the next, it can be concluded that the economy has experienced: A)growth. B)stagnation. C)stagflation. D)inflation.
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Question

If the GDP deflator increases from one year to the next, it can be concluded that the economy has experienced:
A)​growth.
B)​stagnation.
C)​stagflation.
D)​inflation.

Quizplus · Accepted Answer

An increase in the GDP deflator indicates that the prices of goods and services in the economy have risen, which means that there is inflation.

If the GDP Deflator Increases from One Year to the Next