Which of the following statements is NOT a correct statement? A GDP deflator greater than 1 indicates inflation. GDP def

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Which of the following statements is NOT a correct statement? A GDP deflator greater than 1 indicates inflation. GDP def

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Which of the following statementsis NOT a correct statement?
A GDP deflator greater than 1 indicates inflation.
GDP deflator is the ratio of real GDP divided by nominalGDP.
A GDP deflator greater than 1 indicates that nominal GDP exceedsreal GDP.
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