If the GDP Deflator Rises from 185 to 190,what Is

question 152

Multiple Choice

If the GDP deflator rises from 185 to 190,what is the rate of inflation between the two years?

• A)270%
• B)50%
• C)5%
• D)2.7%

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Definitions:

Standard Deviation

A statistical measure of the dispersion or variation in a set of values, indicating how much the individual values differ from the mean of the set.

Social Competence

The ability to interact effectively with others, involving communication skills, empathy, and relationship-building.

Tertiary Education

is an educational level following the completion of secondary education, including universities, colleges, and vocational schools.

Secondary Education

The stage of education that follows primary education, typically including high school or equivalent, preparing students for higher education or vocational training.