What was the gdp deflator values used


The Commerce Department revised its estimation of real GDP to $3.877 trillion, up from the earlier estimate of $3.835 trillion. Before adjusting for inflation, GDP was $4.603 trillion, up from $4.523 trillion. Assume the GDP deflator equals 100 in the base year. What was the GDP deflator values used for these two calculations?

Request for Solution File

Ask an Expert for Answer!!
Macroeconomics: What was the gdp deflator values used
Reference No:- TGS0872280

Expected delivery within 24 Hours