Post Utme Mountain Top University 2018 Economics Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2018 Economics Objective / Multiple Choice
Question 35 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2018 • ECONOMICS • objective

A country's GDP deflator is given by GDP deflator = \( nominal GDP / real GDP \) x 100. If the country's current nominal GDP is 1000, and the value of the other variable is real GDP = 800, respectively, what is the country's current GDP deflator?

Answer Options

A. 125
Correct Answer B. 150
C. 175
D. 200
Correct Answer
B
Correct Option:
150

About This Question

This is Post Utme Mountain Top University 2018 Economics Question 35. It is one of the objective questions from the 2018 Post Utme Mountain Top University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support