The GDP Deflator Is Equal To

question 13

Multiple Choice

The GDP deflator is equal to:

• A)the ratio of nominal GDP to real GDP.
• B)the ratio of real GDP to nominal GDP.
• C)real GDP minus national GDP.
• D)nominal GDP minus real GDP.

---

Definitions:

Consent

The act of agreeing or giving permission for something, often implying a legal or formal acknowledgement of certain conditions or procedures.

PIPEDA

The Personal Information Protection and Electronic Documents Act, a Canadian law that governs how private-sector organizations collect, use, and disclose personal information in the course of commercial business.

PIPEDA Principle

Foundational standards under the Personal Information Protection and Electronic Documents Act in Canada, guiding the collection, use, and disclosure of personal information in private sector.

Employee Handbook

A manual provided to employees by an organization outlining policies, procedures, and guidelines for conduct and operations.