The GDP deflator is a: Paasche quantity index. Laspeyres price index. O Paasche price index. Laspeyres...

Question

Question

The GDP deflator is a: Paasche quantity index. Laspeyres price index. O Paasche price index. Laspeyres quantity index.

Answer 1

Answer #1

Paasche price index - is correct

Gdp deflator is a ratio of nominal gdp and real gdp and hence is a Paasche price index.

Answer 2

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