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3 years ago

A country has a gross domestic product of 225. if the GDP deflator is 3 what would be the real GDP of the country

Business

1 answer:

nata0808 [166]3 years ago

4 0

GDP deflator is nominal GDP divided by real GDP.

Therefore, 225/real GDP = 3, and then real GDP would then equal 75.

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4 years ago

Read 2 more answers

Fev and Company has a projected balance sheet that includes the following accounts. Cash $ ? Marketable securities 228,000 Accou

Thepotemich [5.8K]

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4 years ago

Because your patented Gidgit is starting to gain attention and investors are starting to show interest, the executive committee

RideAnS [48]

Answer:

False.

Explanation:

Patent can be defined as the exclusive or sole right granted to an inventor by a sovereign authority such as a government, which enables him or her to manufacture, use, or sell an invention for a specific period of time.

Generally, patents are used on innovation for products that are manufactured through the application of various technologies.

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3 years ago