Calculate GDP deflator from the following data- Nominal GDP = 120 Real GDP = 142

CA Foundation · Business Economics · MTP · June 2024
Calculate GDP deflator from the following data- Nominal GDP = 120 Real GDP = 142
(A) A. 84.5
(B) B. 118.33
(C) C. 170.4
(D) D. 42

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. 84.5

Topics: Public Finance

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