Question: The price level can be derived as _ _ _ _ _ _ _ _ and is called the _ _ _ _ _ _

The price level can be derived as ________ and is called the ________.
Group of answer choices
Price level = Nominal GDP -: Real GDP; CPI
Price level = Nominal GDP \times Real GDP; CPI
Price level = Real GDP \times Nominal GDP; GDP deflator
Price level = Real GDP -: Nominal GDP; Paasche deflator
Price level = Nominal GDP -: Real GDP; GDP deflator

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