Table 12-19 -Refer to Table 12-19

question 191

Multiple Choice

Table 12-19
$\begin{array}{|l|c|r|}\hline & \mathbf{2 0 1 7} & {\mathbf{2 0 1 8}} \\\hline \text { Nominal GDP } & \$ 10,000 & \$ 12,000 \\\hline \text { Real GDP } & 9,500 & 10,500 \\\hline\end{array}$
-Refer to Table 12-19.Given the information above,calculate the GDP deflator in 2017.

• A) 87
• B) 95
• C) 105
• D) 114

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Definitions:

Visual Workplace

A work environment where information about processes and performance is made visible to employees through displays, charts, and signals to enhance understanding and efficiency.

Low-Cost Visual Devices

Tools and devices designed to visually signal information in the workplace in an efficient and cost-effective manner, often used in lean manufacturing.

Rapid Communication

The swift exchange of information or messages, often facilitated by technology, to speed up decision-making processes.

Non-Value Added Activities

Processes or actions that consume resources but do not directly contribute to the final product or customer value, often targeted for elimination in efficiency efforts.