Post Utme Rhema University 2023 Economics Question 39

Practice objective / multiple choice question 39 from the 2023 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2023 Economics Objective / Multiple Choice
Question 39 POST_UTME_RHEMA_UNIVERSITY • 2023 • ECONOMICS • objective

A country's GDP deflator is given by the equation GDP deflator = \( GDP at current prices - GDP at cons\tant prices \) / GDP at cons\tant prices. If the country's current GDP is 100 billion, and the values of GDP at cons\tant prices are 80 billion, what is the country's GDP deflator?

Answer Options

A. 20%
B. 25%
C. 30%
D. 35%
Correct Answer
N/A

About This Question

This is Post Utme Rhema University 2023 Economics Question 39. It is one of the objective questions from the 2023 Post Utme Rhema University Economics examination.

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