Consider the following statements with regard to GDP Deflator:
1.It takes into account all the goods and services produced in a country.
2. It does not include the prices of the imported goods.
3. It can be used as a measure of inflation.
Which of the statements given above is/are correct?
1
1, 2 and 3
2
2 and 3 only
3
1 and 3 only
4
1 and 2 only