Economy, asked by amritasinghal6367, 4 months ago

how to covert real GNP into real GDP....?
please explain..!​

Answers

Answered by satyamjha12370
1

Answer:

Real GDP = nominal GDP / GDP Deflator (the price level of 2011) x (100). Sal reorganizes this equation in a logical form and writes Nominal / Real = 102.5 / 100. 1.025 really is the GDP deflator divided by 100, the base price level.

Explanation:

$ I hope it is clear

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