Question

OR
GNP deflator is represented by which of the following formulae
(Choose the correct alternative
(A)
Nominal GNP
Real GNP *100
(B)
Real GNP
Nominal GNP *100
(C)
Real GNP
Change in Rate of Inflation
-*100
100
(D)
Change in Rate of Inflation
Real GNP​

Answer 1

Explanation:

GNP Formula

The formula to calculate the components of GNP is Y = C + I + G + X + Z.

That stands for GNP = Consumption + Investment + Government + X (net exports) + Z (net income earned by domestic residents from overseas investments minus net income earned by foreign residents from domestic investments).

I HOPE IT HELP YOU MATE !