Table 71 GDP Based on Table 7

question 59

Multiple Choice

Table 7.1 GDP
$$\begin{array} { | l | r | c | r | } \hline & \begin{array} { c } \text { Nominal GDP(in billions of } \\\text { dollars) }\end{array} & \text { GDP deflator } & { \text { CPI } } \\\hline 2002 & \$6,992.4 & 106.2 & 151.6 \\\hline 2003 & 7,431.6 & 109.1 & 153 .8 \\\hline 2004 & 7,843.2 & 112.3 & 157 .8 \\\hline\end{array}$$ Based on Table 7.1,the rate of inflation between 2002 and 2003 using the CPI was

• A)1.5 percent.
• B)2.2 percent.
• C)6.2 percent.
• D)4.1 percent.

---

Definitions:

Vote

The act of making a choice in an election or decision-making process.

Financing Corporation

A company that provides money to individuals or businesses for the purpose of investment or purchase, expecting repayment usually with interest.

Advantages and Disadvantages

This term refers to the positive and negative aspects of a specific situation, decision, or strategy.

Legal Myth

A belief about the law or legal system that is not true or is based on incorrect assumptions.