Define Gross Domestic Product (GDP) deflator and discuss its importance. - Economics | Shaalaa.com

The CPI and the GDP Deflator - AP/IB/College - ReviewEcon.com

Real GDP vs. Nominal GDP: Which Is a Better Indicator?

GDP Deflator | Definition, Formula & Example

SOLVED: The GDP deflator is used to calculate the inflation rate. True or False.

What Is the GDP Price Deflator?

GDP Deflator vs. Consumer Price Index | Formula & Examples

In this question, you will examine the relationship between movements in the inflation rate and the interest rate. Calculate the inflation rate as the growth rate in your CPI or GDP Deflator series using the formula: πt = (Pt - Pt-1) / Pt-1, where πt is the inflation rate in year t and P refers to your CPI or GDP Deflator. Note that you will not have an observation for inflation for the first year of your sample. GDP Deflator:1970: 0.09609839261971: 0.10648413111972: 0.12029758311973: 0.144550