The GDP deflator is the ratio of A)real GDP to nominal GDP multiplied by 100. B)real GDP to the inflation rate multiplied by 100. Cnominal GDP to…

The GDP deflator is the ratio of A)real GDP to nominal GDP multiplied by 100. B)real GDP to the inflation rate multiplied by 100. C）nominal GDP to real GDP multiplied by 100. D）nominal GDP to the inflation rate multiplied by 100.

Question:The GDP deflator is the ratio ofA) Real GDP to nominal GDP multiplied by 100.B) Real GDP to the inflation rate multiplied by 100.C）nominal GDP to real GDP multiplied by 100….