Multiple Choice
The GDP deflator for years subsequent to the base year measures the change in
A) nominal GDP from the base year that cannot be attributable to a change in real GDP.
B) real GDP from the base year that cannot be attributable to a change in nominal GDP.
C) nominal GDP from the base year that cannot be attributable to a change in prices.
D) real GDP from the base year that cannot be attributable to a change in prices.
Correct Answer:
Verified
Correct Answer:
Verified
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