Essay
Suppose nominal GDP for 1998 is $8,000 billion and real GDP is $5,000. What is the GDP deflator?
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Real GDP = Nominal GDP/GDP...View Answer
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Correct Answer:
Verified
We know that:
Real GDP = Nominal GDP/GDP...
Real GDP = Nominal GDP/GDP...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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