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    The value of Nominal GDP is ₹1100 and the value of Real GDP is ₹1000. Find the value of GDP deflator.
    Question

    The value of Nominal GDP is ₹1100 and the value of Real GDP is ₹1000. Find the value of GDP deflator.

    A.

    0.9

    B.

    1.1

    C.

    1

    D.

    0.8

    Correct option is B

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