问题如下:
Suppose the GDP deflator is less than 1, an economist may conclude that:
选项:
A.the economy is in the period of stagflation.
B.the economy is in the period of deflation.
C.the economy is in the period of inflation.
解释:
B is correct.
When real GDP exceeds nominal GDP, the GDP deflator is less than 1. In this condition, prices decrease and deflation occurs.
考点:GDP deflator
解析:当GDP deflator小于1,意味着名义GDP已经小于真实的GDP,此时一国经济通常运行在通缩的阶段。
请问为什么小于1就是处于通缩的阶段呢