The ratio between nominal GDP and real GDP is known as :

CA Foundation · Business Economics · PYQS · September 2024
The ratio between nominal GDP and real GDP is known as :
(A) A. Gross Domestic Product deflator
(B) B. Inflation Rate
(C) C. Gross National Product
(D) D. Net National Product

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Gross Domestic Product deflator

Topics: Money Market, Determination of National Income

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