Asked by ed thelson Lacombe on May 20, 2024
Verified
In the base year the GDP deflator is ___.
GDP Deflator
A measure of the price level of all newly produced, domestic, final goods and services in an economy, used to adjust GDP for inflation.
- Master the computation and analysis of the GDP deflator for inflation measurement.
Verified Answer
FM
Learning Objectives
- Master the computation and analysis of the GDP deflator for inflation measurement.