Economy, asked by manawar5561, 1 year ago

Gdp deflator = 110, gdp growth rate is 15 % then what is real gdp?

Answers

Answered by Nitish0001
1
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━━━━━━━━━━━━━━━━━━━\mathfrak{\green{Answer.}}It is calculated by dividing nominal GDP by real GDP and multiplying by 100. Consider a numeric example: if nominal GDP is $100,000, and real GDP is $45,000, then the GDP deflatorwill be 222 (GDP deflator = $100,000/$45,000 * 100 = 222.22).
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Answered by BrainlyPARCHO
1

" \large \green{  \fcolorbox{gray}{black}{ ☑ \:  \textbf{Verified \: answer}}}

Real GDP = 222.22

know more :-

GDP stands for Gross Domestic Product.

It is the sum total of all final goods and services produced in a country during a particular year. It shows how big the economy is.

It is the sum of production in all sectors.in india this mammoth task is undertaken by central govt. ministry.

It collects information with the help of various govt. departments of all states and union territories.

GDP = C + I + G + (X – M)

where

  • C = private consumption
  • I = gross investment
  • G = government investment + government spending
  • X = exports
  • M = imports
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