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How do you calculate deflation rate?

Anonymous

∙ 12y ago

Updated: 4/28/2022

Real GDP is the GDP during your chosen base year, and nominal GDP is the GDP of the year on which you are focusing. The GDP deflator from 1990 to now (2013) is:

GDP (2013)/ GDP (1990) * 100%

Wiki User

∙ 12y ago

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What is diflation?

Deflation is decrease in general price level of services and goods. Deflation occur when inflation rate is 0%

What factors that influence money supply?

inflation ,deflation, interest rate

Lowest inflation rate in world?

The lowest inflation rate in the world is 0% in Japan. There are countries in which there is a negative inflation, but these cases are not called low inflation, they are called deflation. the highest deflation rate is 3% in Nauru (you may as well call it a -3% inflation)

What is the concept of currency control?

The concept of currency control is very essential for any economy. This is what will often regulate the rate of inflation and deflation.

What are the disadvantages of deflation?

Deflation is the fall of the general price market. The disadvantages of deflation are large levels of unemployment and an unstable economy.

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iy

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through this rbi controls inflation and deflation.

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