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DiKsa [7]
4 years ago
8

If in some year nominal gdp was $10 trillion and real gdp was $4 trillion, what was the gdp deflator?

Business
1 answer:
Reil [10]4 years ago
7 0


GDP Deflator= (Nomial GDP÷ Real GDP)×100
=(10÷4)×100
THUS GDP deflator = 250
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