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ExamsIBPS POGeneral Awareness

Nominal GDP / Real GDP × 100 = ?

  1. GDP Calculator
  2. GDP Inflator
  3. GDP Deflator
  4. WPI

Correct answer: GDP Deflator

Solution

The ratio of nominal GDP to real GDP, multiplied by 100, gives the GDP deflator. It measures the overall price level of all domestically produced final goods and services.

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