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What is GNP Deflator?

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What is GNP Deflator?

Posted by Aishwarya Dixit 5 years, 9 months ago

CBSE > Class 12 > Economics

4 answers

Tamanna Beniwal 5 years, 9 months ago

Nominal gdp/real gdp×100

Akash Bhatt 5 years, 9 months ago

Nominal gdp/real gdp*100

Kabir Singh 5 years, 9 months ago

:)

Kabir Singh 5 years, 9 months ago

The GNP deflator is a factor used to convert nominal GNP into real GNP. To get real GNP, we deflate nominal GNP by dividing it by the GNP deflator.

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