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Answer to Question #273761 in Macroeconomics for minma

Question #273761
  1. The ratio of nominal GDP to real GDP is known as the:
1
Expert's answer
2021-11-30T17:42:36-0500

The GDP Deflator. 

The GDP deflator is a price index that measures inflation or deflation in an economy by calculating a ratio of nominal GDP to real GDP.


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