Which of the following statements is NOT a correct statement? A GDP deflator greater than 1 indicates inflation. GDP def
Posted: Wed Jul 06, 2022 6:18 pm
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.
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.