Table 2-2 -Refer to Above Table 2-2.The Implicit GDP Deflator for Year

question 14

Multiple Choice

Table 2-2

-Refer to above Table 2-2.The implicit GDP deflator for year 2 is

• A)1.284.
• B)1.432.
• C)1.101.
• D)1.334.

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Definitions:

Centi-

A prefix in the metric system denoting one hundredth (1/100) of a unit.

1/100

A numerical representation often used to denote one percent or a fraction of a whole.

Milli-

A prefix in the metric system denoting a factor of one thousandth (1/1000) of the unit it precedes.

Metric System

A system of measurements that uses the base function of 10.