Is It Possible to Have a GDP Deflator of Less

question 75

Multiple Choice

Is it possible to have a GDP deflator of less than 100?

• A) Yes; this would indicate a year when prices were lower than in the base year.
• B) Yes; this would indicate a year when output was lower than in the base year.
• C) No; it is mathematically impossible for the deflator to be less than 100.
• D) Yes; this would indicate a year when prices were lower than in the previous year.

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Definitions:

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Corporation

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Officer

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Proxy Materials

Documents that are distributed to shareholders in preparation for shareholders' meetings, usually including information necessary for making informed votes on corporate matters.