Which statistical factor is used to convert current currency purchasing power into inflation adjusted purchasing power ?
Correct answer: A. Deflector
- A. Deflector
- B. Purchasing power parity
- C. Inflator
- D. Deflation
Explanation
A price deflator converts nominal or current-price values into real, inflation-adjusted values. Option A appears to misspell “deflator” as “deflector,” but it is clearly the intended term.
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