GDP deflator
GDP deflator shows the price index nowadays.That means the current price index.
GDP deflator:GDP at base year=current price level:base year price level
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in short, GDP deflator can be usedto show price index or elimanate the price effect on nominal GDP(showing the change in good produced and price index change) sorry, i wanna to reply to that economic zone, the one of new economic giant
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can u move this to that?
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sorry~
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