To Convert a Nominal GDP to a Real GDP,you Would

question 108

Multiple Choice

To convert a nominal GDP to a real GDP,you would use

• A)the PCE deflator.
• B)the CPI measure.
• C)the GDP deflator.
• D)the PPI measure.

---

Definitions:

Proportional

Proportional describes a relationship between two quantities where their ratio remains constant.

Compressed

The state of being pressed into less space or condensed under pressure.

New Pressure

A term referring to the stress or urgency of a situation, or in a scientific context, the change in the force exerted by a fluid per unit area.

Expanded

Increased in volume or size, often by the introduction of air or in response to heat.