Examlex

Solved

The GDP Deflator Is the Ratio of Nominal GDP to Real

question 41

True/False

The GDP deflator is the ratio of nominal GDP to real GDP.


Definitions:

Assignee

A person or entity to whom rights or interests are transferred by another, known as the assignor.

Delegator

A delegator is a person or entity that assigns duties or responsibilities to another, often in the context of a contractual or work-related relationship.

Non-assignable

A characteristic of a contract or right indicating that it cannot be transferred or delegated to another party without the consent of the original party or parties.

Contract Rights

Contract rights refer to the entitlements and obligations that are legally binding between parties as stipulated in a contract.

Related Questions