Seudónimo Seudónimo
  • 24-02-2020
  • Physics
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assume a nation's nominal GDP is $1.5 trillion with an inflation rate of 5%. find its real GDP. PLEASE HELPPPPPP

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Greatking1640
Greatking1640 Greatking1640
  • 24-02-2020

Formula is calculated by

GDP deflator =Nominal GDP/Real GDP ×(100/1)

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