Under What Circumstances Would the GDP Deflator Be Less Than

question 100

Multiple Choice

Under what circumstances would the GDP deflator be less than 100 after the base year?

• A)The GDP deflator will be less than 100 if there has been inflation relative to the base year.
• B)The GDP deflator will be less than 100 if there has been inflation of less than 2% per year relative to the base year.
• C)The GDP deflator will be less than 100 if there has been deflation relative to the base year.
• D)There are no circumstances under which the GDP deflator could be less than 100.

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Job Security

The probability or likelihood of an individual to retain his/her job without the risk of becoming unemployed.

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Job Security

The probability or likelihood that an individual will retain their job without the risk of becoming unemployed.

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An establishment that conducts financial transactions such as investments, loans, and deposits.