The Data Below Show Data for Germany Including Real GDP

question 179

Multiple Choice

The data below show data for Germany including real GDP (in billions of euros) and the price level. $$\begin{array} { | c | c | c | } \hline & \text { Real GDP } & \text { Price Level } \\\hline 2002 & 2088 & 102.6 \\\hline 2003 & 2083 & 103.6 \\\hline 2004 & 2105 & 106 \\\hline 2005 & 2121 & 108.2 \\\hline 2006 & 2182 & 109.7 \\\hline 2007 & 2237 & 109.5 \\\hline\end{array}$$
In which of the following year(s) did Germany experience inflation?

• A) 2003, 2004, 2005 and 2006
• B) 2006 and 2007
• C) 2007
• D) 2002, 2005 and 2006 only