May 6, 2019
What is GDP Deflator?
What is GDP Deflator?
How GDP Deflator is Calculated? Introduction
In this article, we are going to discuss what is GDP Deflator and how to calculate it. The GDP Deflator is also known as GDP Price Deflator or Implicit Price Deflator. It measures the impact of inflation on the gross domestic product during a specified period, usually a year.
Meaning
The GDP Price Deflatortakes into consideration both the…
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