The GDP deflator is an economic indicator of slow or no growth in the nation's goods and services.

Question

Quizplus · Accepted Answer

The GDP deflator is a measure of inflation that reflects changes in the prices of all goods and services produced in an economy. A higher GDP deflator indicates inflation, while a lower GDP deflator indicates deflation. Therefore, it is not necessarily an indicator of slow or no growth in the nation's goods and services.

The GDP Deflator Is an Economic Indicator of Slow or No