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3 January, 06:24

Real GDP is found by removing the effects of inflation. How is this done mathematically?

A. By multiplying Nominal GDP by (100/100+inflation rate)

B. By dividing Real GDP by (100/100-inflation rate).

C. By subtracting the inflation rate from Nominal GDP.

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  1. 3 January, 07:19
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    B. By dividing Real GDP by (100/100-inflation rate).
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