Economy, asked by sidhumehak44gmailcom, 9 months ago

What does GDP deflator show ? How is it estimated

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Answered by dharmendrasinghasr01
17

Answer:

The GDP deflator (implicit price deflator for GDP) is a measure of the level of prices of all new, domestically produced, final goods and services in an economy. It is a price index that measures price inflation or deflation, and is calculated using nominal GDP and real GDP

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