The GDP deflator is defined as Price Index=Real GDPNominal GDP×100. Rearranging this gives Real GDP = Price IndexNominal GDP×100. Hence option 2 is correct.
Which of the following formula is correct ?
CUET UG 2022 — Economics Macro
2022mcqeasy
Which of the following formula is correct ?
Official previous-year question
Verified 13 Jul 2026.
Options
- A
Real GDP = Nominal GDPPrice Index×100
- B
Real GDP = Price IndexNominal GDP×100
- C
Nominal GDP = Price IndexReal GDP×100
- D
Nominal GDP = Real GDPPrice Index×100
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