Multiple Choice
The 'GDP deflator' is a measure of the price level and is calculated by dividing ________ by ________ and multiplying by 100.
A) real GDP; nominal GDP
B) real GDP; the price level
C) nominal GDP; real GDP
D) the price level; nominal GDP
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q80: The purchase of shares in a company
Q81: A company named Home Depot sells new
Q82: Using the information in the following table,
Q83: Fees that Australian universities receive from overseas
Q84: The economic growth rate is measured using:<br>A)nominal
Q86: Why do individuals and firms sometimes conceal
Q87: Gross domestic product in the economy is
Q88: Which of the following is included in
Q89: Which of the following is not one
Q90: Gross national income (GNI)is defined as the