Multiple Choice
GDP deflator is
A) a price index that measures the overall level of prices of goods and services included in GDP.
B) a price index that measures the overall level of prices of goods and services included in household baskets.
C) obtained by dividing real GDP over nominal GDP.
D) obtained by measuring the price of goods and services in a base year.
Correct Answer:
Verified
Correct Answer:
Verified
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