Practicing Success
What do you mean by "GDP deflator"? |
Ratio of Nominal GDP to National Income Ratio of Real GDP to Nominal GDP Ratio of Nominal GDP to Real GDP Ratio of National Income to Nominal GDP |
Ratio of Nominal GDP to Real GDP |
Real GDP is the inflation/deflation adjusted GDP whereas nominal GDP does not take any price change into consideration. The Ratio of Nominal GDP to Real GDP is called as "GDP Deflator" |