gross domestic product deflator a price index


Gross Domestic Product, Deflator: A price index that adjusts the overall value of GDP according to average increase in the prices of all output. GDP deflator equals the ratio of nominal GDP to real GDP.

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: gross domestic product deflator a price index
Reference No:- TGS0332655

Expected delivery within 24 Hours