Business
Business, 18.03.2021 01:50, brooket30057

If nominal GDP is $10 trillion and real GDP is $8 trillion, then the GDP deflator is Group of answer choices 125, and this indicates that the price level has increased by 125 percent since the base year. 125, and this indicates that the price level has increased by 25 percent since the base year. 80, and this indicates that the price level has decreased by 20 percent since the base year. 80, and this indicates that the price level has increased by 80 percent since the base year.

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If nominal GDP is $10 trillion and real GDP is $8 trillion, then the GDP deflator is Group of answer...

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