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If the GDP Deflator in 2009 Was 160 and the GDP

question 127

True/False

If the GDP deflator in 2009 was 160 and the GDP deflator in 2010 was 180, then the inflation rate in 2010 was 12.5%.


Definitions:

Responding

The act of replying or reacting to something.

Speaker

An individual who conveys information or expresses ideas through verbal communication in various settings.

Positive Reinforcement

A method in behavior theory where the introduction of a rewarding stimulus following a desired behavior increases the likelihood of it happening again.

Approval

The act of agreeing with or accepting something as satisfactory.

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