Respuesta :
if an analyst used nominal values to calculate GDP, that number would correct for the effects of inflation. This statement is false.
What is used to correct the nominal GDP for inflation?
We must separate the effects of rising pricing on nominal GDP in order to determine how much production has actually increased. The GDP deflator can be used to achieve this. A price index used to determine the average cost of all the goods and services used by the economy is the GDP deflator.
Relative to GDP from the previous year, the GDP growth rate is calculated. The growth figures that make headlines in the news are often those of "Real GDP," which is GDP that has already been adjusted for price adjustments (inflation).
To know more about effects of inflation, refer:
https://brainly.com/question/27918620
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