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Sagot :
Assuming Real GDP is $5,000 and a Nominal GDP is $5,500, the GDP deflator is 110.
GDP deflator
Using this formula
GDP deflator=Nominal GDP/Real GDP×100
Where:
Nominal GDP=$5500
Real GDP=$5000
Let plug in the formula
GDP deflator=$5500/$5000×100
GDP deflator=110
Inconclusion if Real GDP is $5,000 and a Nominal GDP is $5,500, the GDP deflator is 110.
Learn more about GDP deflator here:https://brainly.com/question/14842082
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