Use the Following to Answer Questions: Table: IPhones -(Table: IPhones) This Table Shows Data for a Country Producing

question 57

Multiple Choice

Use the following to answer questions: Table: iPhones $$\begin{array} { l c c } \hline \text { Year } & \text { Quantity produced } & \text { Price } \\\hline 2000 & 100 & \$ 100 \\2010 & 90 & 110 \\\hline\end{array}$$
-(Table: iPhones) This table shows data for a country producing only iPhones. If 2000 prices are used in the calculation of real GDP, the GDP deflator for 2010 is:

• A)10.
• B)90.9.
• C)110.
• D)900.

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