Under What Circumstances Would the GDP Deflator Be Less Than

question 169

Multiple Choice

Under what circumstances would the GDP deflator be less than 100 after the base year?

• A)The GDP deflator will be less than 100 if there has been inflation relative to the base year.
• B)The GDP deflator will be less than 100 if there has been inflation of less than 2% per year relative to the base year.
• C)The GDP deflator will be less than 100 if there has been deflation relative to the base year.
• D)The GDP deflator will be less than 100 if there has been a recession since the base year.
• E)There are no circumstances under which the GDP deflator could be less than 100.

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