Which of the following is the correct way to calculate real GDP?
a.
Divide constant GDP by th...
Business, 07.02.2021 02:30 tamikagoss22
Which of the following is the correct way to calculate real GDP?
a.
Divide constant GDP by the implicit GDP price deflator and then multiply by 100.
b.
Divide current GDP by the implicit GDP price deflator and then multiply by 100.
c.
Multiply current GDP by the implicit GDP price deflator.
d.
Multiply constant GDP by the implicit GDP price deflator.
Answers: 2
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