he GDP deflator = nominal GDP/______ x 100Multiple choice question.the unemployment ratepopulationreal GDPthe consumer price index

(Nominal GDP/Real GDP) x 100 =

f the nominal GDP = $352b and real GDP = $320b, what is the value of the GDP deflator?Multiple choice question.–9%1109110%

Use the data in the table to answer the question.  2020 2021  Price Quantity Price QuantitySmartphones $500 75 $750 100Smart TVs $200 100 $380 150An economy's GDP consists only of smartphones and smart TVs. Based on the data in the table, what was the difference between the economy’s nominal GDP in 2020 and 2021?The difference in nominal GDP between these two years was $

Nominal GDP is:  A. GDP adjusted for inflation  B. GDP measured in current prices  C. GDP adjusted for population size  D. GDP measured in constant dollars

Suppose that nominal GDP in an economy in year 1 is $500 million and in year 2 is $600 million. If the price level of the goods and services produced has increased from an index number of 120 to an index number of 130 then, Group of answer choiceswhile nominal GDP increased between year 1 and year 2, real GDP must have decreased.while nominal GDP has decreased between year 1 and year 2, real GDP must have increased.while prices of the goods and services have increased by 10% between year 1 and year 2, real GDP has decreased by only 5%.while there has been inflation over this period, real GDP has still increased.