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Author Question: A GDP deflator is real GDP divided by nominal GDP times 100. (Read 109 times)

EAugust

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Question 1

If in the same period output doubles and the price level remains the same, nominal GDP doubles.


◦ true
◦ false

Question 2

A GDP deflator is real GDP divided by nominal GDP times 100.


◦ true
◦ false


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Marked as best answer by EAugust on Apr 19, 2019

ebonylittles

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EAugust

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ebonylittles

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