Question

Price deflator helps us to work out national income at------​

Answer 1

Answer:

GDP

Explanation:

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Answer 2

GROSS DOMESTIC PRODUCT

Price deflator helps us to work out national income at GDP.

EXPLAINING GDP

* GDP refers to the total value of all products and services produced by a country over a certain period of time, measured in local currency.

* This refers to whatever a country produces within a specific era in economic terms.

* Consumption, investment, government expenditure, and net exports are the four key components of GDP.

*An economic recession is defined as two consecutive quarters of negative GDP growth.