if-the-nominal-gdp-in-year-2-is-600-billion-and-the-real-gdp-is-500-billion-what

Question

If the nominal GDP in year 2 is $600 billion and the real GDP is $500 billion, what is the GDP deflator for year 2?

Accepted Answer

120

Answer

100

Answer

115

Answer

110

If the nominal GDP in year 2 is \$600 billion and the real GDP is \$500 billion, what is the GDP deflator for year 2?