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connie2168
17.12.2019 •
Business
An economy recently reported nominal gdp of 3 trillion euro and a gdp deflator of 200. what was real gdp?
a. 1.5 trillion euro, and real gdp is a better gauge of economic activity than nominal gdp.
b. 1.5 trillion euro, but nominal gdp is a better gauge of economic activity than real gdp.
c. 6 trillion euro, and real gdp is a better gauge of economic activity than nominal gdp.
d. 6 trillion euro, but nominal gdp is a better gauge of economic activity than real gdp.
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