The GDP deflator is a measure of the level of prices of all new, domestically produced, final goods and services in an economy. It can be calculated using the following formula:

GDP Deflator = (Nominal GDP / Real GDP) x 100

Given that the nominal GDP of Sri Lanka is $88.9 billion and the real GDP is $59.34 billion, we can substitute these values into the formula:

GDP Deflator = ($88.9 billion / $59.34 billion) x 100

This will give us the GDP deflator for Sri Lanka.

Question

The GDP deflator is a measure of the level of prices of all new, domestically produced, final goods and services in an economy. It can be calculated using the following formula:

GDP Deflator = (Nominal GDP / Real GDP) x 100

Given that the nominal GDP of Sri Lanka is $88.9 billion and the real GDP is $59.34 billion, we can substitute these values into the formula:

GDP Deflator = ($88.9 billion / $59.34 billion) x 100

This will give us the GDP deflator for Sri Lanka.

Knowee AI · Accepted Answer

The GDP deflator is a measure of the level of prices of all new, domestically produced, final goods and services in an economy. It can be calculated using the following formula:

GDP Deflator = (Nominal GDP / Real GDP) x 100

Given that the nominal GDP of Sri Lanka is $88.9 billion and the real GDP is $59.34 billion, we can substitute these values into the formula:

GDP Deflator = ($88.9 billion / $59.34 billion) x 100

This will give us the GDP deflator for Sri Lanka.

What is Sri Lanka's GDP deflator if its nominal GDP is $88.9 billion (in current US$) and the real GDP is $59.34 billion?Group of answer choices100.066.7136.5148.2149.8

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