Question
what will GDP deflator be less than 100? 1. when nominal GDP is grater than real GDP 2. when the price level is lower trhan
what will GDP deflator be less than 100?
1. when nominal GDP is grater than real GDP
2. when the price level is lower trhan in the base year
3. when the price level is higher than in hte base year
4. GDP deflator is never less than 100
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American Political Economy In Global Perspective
Authors: Harold L Wilensky
1st Edition
1139227920, 9781139227926
