If the GDP Deflator Is Less Than 100,then for That

question 98

Multiple Choice

If the GDP deflator is less than 100,then for that year,nominal GDP ________ real GDP.

• A)equals
• B)is greater than
• C)is less than
• D)may be greater than or less than

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Definitions:

Structure

Structure refers to the arrangement of atoms or molecules in a substance, determining its properties and function.

Reaction

A process in which substances interact to form one or more new substances with different molecular compositions and properties.

Organic Product

A compound or material derived from living organisms, typically characterized by carbon-based structures.

Major

Term often used to describe the predominant or most abundant component, product, or outcome in a process or mixture.