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The gdp deflator is used to calculate the inflation rate. True or False
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The gdp deflator is used to calculate the inflation rate. True or False

User Damon Swayn
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1 Answer

5 votes

Answer:

True

Step-by-step explanation:

The nominal GDP is divided by the real GDP to calculate GDP deflator which is used to calculate the CPI and Inflation rate. So it is true that the GDP delfator is used to calculate inflation rate.

User Aalku
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