Economics · National Income Accounting

The GNP Deflator is calculated as:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Real GNPNominal GNP × 100
2Nominal GNPReal GNP × 100✓
3Real GNP − Nominal GNPReal GNP × 100
4Nominal GNP − Real GNPNominal GNP × 100

Correct answer

Nominal GNPReal GNP × 100

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The GNP Deflator is calculated as:

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