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Author Question: If nominal GDP is $18 trillion and real GDP is $3 trillion, the GDP deflator is (Read 23 times)

RYAN BANYAN

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Question 1

The ratio of nominal GDP to real GDP multiplied by 100 is the


◦ NNP.
◦ GDP deflator.
◦ national income.
◦ same as depreciation.

Question 2

If nominal GDP is $18 trillion and real GDP is $3 trillion, the GDP deflator is


◦ 6.
◦ 21.
◦ 54.
◦ 600.


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Marked as best answer by RYAN BANYAN on Apr 19, 2019

samiel-sayed

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RYAN BANYAN

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it


dantucker

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Reply 3 on: Yesterday
Excellent

 

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