True/False
The GDP deflator can be used to take inflation out of nominal GDP.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q86: Table 23-2<br>The following table contains data
Q87: GDP can measure either the total income
Q88: Net exports equal<br>A)exports plus imports.<br>B)imports minus exports.<br>C)Y
Q89: Table 23-2<br>The following table contains data
Q90: The advantage of real GDP as a
Q92: Consumption is $5.5 trillion, investment is $1
Q93: If someone in the United States buys
Q94: The GDP deflator is the ratio of<br>A)real
Q95: The government purchases component of GDP includes
Q96: A country reported nominal GDP of $35