Solved

How Is the GDP Deflator Calculated

Question 15

Multiple Choice

How is the GDP deflator calculated?


A) Nominal GDP minus the price level and multiplied by 100.
B) Nominal GDP divided by the price level and multiplied by 100.
C) Real GDP divided by nominal GDP and multiplied by 100.
D) Nominal GDP divided by real GDP and multiplied by 100.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q10: -Refer to the</p></div><svg width=

Q11: What is the definition of the unemployment

Q12: -Refer to the</p></div><svg width=

Q13: -Refer to the</p></div><svg width=

Q14: By how much has Canada's unemployment rate

Q16: -Refer to the</p></div><svg width=

Q17: -Refer to the</p></div><svg width=

Q18: -Refer to the</p></div><svg width=

Q19: -Refer to the</p></div><svg width=

Q20: -Refer to the</p></div><svg width=

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents