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liraira [26]
4 years ago
8

If nomimal GDP is 100,000 and real GDP is 80,000the GDP deflator is 115

Business
1 answer:
Mila [183]4 years ago
8 0

Answer:

False

Explanation:

GDP deflator = (nominal GDP/ Real GDP) × 100

$100,000 / $80,000 = 1.25 × 100 = 125

I hope my answer helps you

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