Q. Which of the following is called GDP Deflator?
A) Ratio of nominal to real GNP
B) Ratio of nominal to real GDP
C) Ratio of real to nominal GNP
D) Ratio of nominal to real CPI
โ Correct Answer: Ratio of nominal to real GDP
Exam Insight
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A) Ratio of nominal to real GNP
B) Ratio of nominal to real GDP
C) Ratio of real to nominal GNP
D) Ratio of nominal to real CPI
โ Correct Answer: Ratio of nominal to real GDP
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