Multiple Choice
The GDP deflator is the
A) difference between real GDP and nominal GDP multiplied by 100.
B) difference between nominal GDP and real GDP multiplied by 100.
C) ratio of real GDP to nominal GDP multiplied by 100.
D) ratio of nominal GDP to real GDP multiplied by 100.
E) the different between real GDP and potential GDP.
Correct Answer:
Verified
Correct Answer:
Verified
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