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Real GDP can be calculated as: a.(nominal GDPthe long-run trend growth rate of GDP)x 100. b.(nominal GDPthe GDP deflator)x100. c.(nominal GDP / the GDP deflator)x
Real GDP can be calculated as:
a.(nominal GDPthe long-run trend growth rate of GDP)x 100.
b.(nominal GDPthe GDP deflator)x100.
c.(nominal GDP / the GDP deflator)x 100.
d.(the GDP deflator / nominal GDP)x100.
e.(nominal GDPthe GDP deflator)x100.
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