Question: If nominal GDP is equal to real GDP, then
Options
A : The GDP deflator is equal to zero
B : The GDP deflator is equal to one
C : The GDP deflator is less than one
D : None of the above
Click to view Correct Answer
Economics - Part 1 more questions
Which of the following is not a central problem of....
Who is known as the father of modern economics
The critical minimum effort theory is associated with the name
The "Absorption Approach" analysing the effects of devaluation has been....
The Physical Quality of Life Index was calculated for the....
The National Income is equal to
The difference between gross domestic product and net domestic product....
In macroeconomics disposable income refers to
An emprical study on relationship between the rate of money....
If the total expenditure on a commodity increases after a....