Business, 18.12.2020 08:50 Gabyngreen
If real GDP is 5,100 and nominal GDP is 4,900, then the GDP deflator is
a 104.1 so prices are higher than in the base year.
b 104.1 so prices are lower than in the base year. c.96.1 so prices are higher than in the base year. d. 96.1 so prices are lower than in the base year.
Answers: 2
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If real GDP is 5,100 and nominal GDP is 4,900, then the GDP deflator is
a 104.1 so prices are highe...
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