The national debt doubled in nominal terms during a time, Ask an Expert

Economics

The national debt doubled in nominal terms during a time when the GDP Deflator increased from 200 to 300. This implies that the national debt: is smaller in real terms, has more than doubled in real terms, has increased in real terms, but it has less than doubled?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91706282

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