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What does GDP deflator show ? How is it estimated |
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Answer» The GDP deflator (implicit price deflator for GDP) is a measure of the level of prices of all new, domestically produced, final GOODS and services in an economy. It is a price index that measures price inflation or deflation, and is calculated using NOMINAL GDP and real GDPExplanation:I HOPE IT'S HELPFUL FOR YOUIF YES SO PLEASE MARK ME AS BRANIEST AND YOU CAN FOLLOW ME |
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