Solved

The GDP Deflator Is the Ratio of Real to Nominal

Question 116

True/False

The GDP deflator is the ratio of real to nominal GDP (multiplied by 100).

Related Questions

Q111: GDP measures the total income in a

Q112: Based on the level of GDP,India is

Q113: Akemi,who is a Japanese citizen,works in the

Q114: The value of production by a U.S.worker

Q115: A set of tires installed on a

Q117: Spending on goods imported into the U.S.is

Q118: What is the term for the value

Q119: When GDP per capita goes up by

Q120: Currently,India's growth rate is low compared to

Q121: Orrin mines iron ore,which he sells to