Which of the following would be the best example of disinfla
Which of the following would be the best example of disinflation? From one year to the next to the next, ___.
| real GDP goes from $16 trillion to $17 trillion to $17.1 trillion |
Solution
1. nominal GDP goes from $18 trillion to $17 trillion to $17.5 trillion
2. the GDP deflator goes from 110 to 105 to 107