B .  compare the GDP of a country vis a vis other countries of the world.
C .  measure the relative reduction in GDP growth rate of a country.
D .  estimate the purchasing power of the citizen of a country.
Answer: Option A Answer: (a)GDP deflator is An economic metric that accounts for inflation by converting output measured at current prices into constant-dollar GDP. The GDP deflator shows how much a change in the base year’s GDP relies upon changes in the price level.
Submit Comment/FeedBack