If Nominal GDP Is $230 for a Period and Real

question 43

Essay

If nominal GDP is $230 for a period and real GDP is $200 for the same period, what is the GDP deflator for this period?

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Definitions:

Implicit Prejudice

The subconscious negative evaluation or biases against individuals or groups, which can influence behavior and perceptions without conscious awareness.

Explicit Prejudice

A form of prejudice that individuals are consciously aware of and can express openly, involving negative attitudes or beliefs towards a group.

Presidential Candidate

An individual who campaigns for election to the presidency, the highest executive office in a country.

Implicit Bias

Unconscious attitudes or stereotypes that affect an individual's understanding, actions, and decisions in an unconscious manner.