Respuesta :
Hello. You forgot to provide the answer options. The options are:
"A) value of all goods and services produced in the economy this year B) This years prices C) value of all foods and services produced in the economy this year D) the base year's prices E) bought by consumers"
Answer:
The GDP deflator for this year is calculated by dividing the value of all goods and services produced in the economy this year using this years prices by the value of all foods and services produced in the economy this year using the base year's prices and multiplying by 100. However, the CPI reflects only the prices of all goods and services bought by consumers.
Explanation:
GDP deflator is an economic term that means "implicit price deflator". This term is defined as the price measure for any and all goods and services produced within the country, in the year in question. GDP, in turn, is directly related to this, since it represents the monetary value that each of these goods and services produced during that same year.
The GDP deflator is directly related to the CPI, which is another economic term intended to represent the consumer price index. Through the CPI, the GDP deflator is able to measure the inflation or deflation that occurred in the national economic sector for a given year.
The GDP deflator for this year is calculated by dividing the value of all goods and services produced in the economy this year using this years prices by the value of all foods and services produced in the economy this year using the base year's prices and multiplying by 100. However, the CPI reflects only the prices of all goods and services bought by consumers.
The value of all goods and services produced in the economy this year This year's prices The value of all foods and services produced in the economy this year, the base year's prices, bought by consumers. Thus option is A, B, C, D, and E are correct.
What is the GDP deflator?
The GDP is the deflation for the year measured by the changes in the price for all the goods and services that are made in the economy. It's a more compressive price indicator.
It measures the level of level prices for the new domestically produced goods. It s calculated as the nominal GDP up the real GDP into 100.
Find out more information about the GDP deflator.
brainly.com/question/14842082.
