Suppose the GDP Implicit Price Deflator Was 112

question 86

Multiple Choice

Suppose the GDP implicit price deflator was 112.7 in 2013 and 116.0 in 2014. Therefore, the inflation rate in 2014 would be

• A)2)8%.
• B)2)9%.
• C)3)3%.
• D)16%.

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Definitions:

CPU

The Central Processing Unit is the main element in a computer responsible for carrying out the majority of computational tasks.

Control Unit

The component of a computer's central processing unit (CPU) that directs the operation of the processor.

Overclocking

The practice of increasing the clock speed of a computer's component, such as the CPU, beyond the manufacturer's specifications to achieve higher performance.

CPU

The Central Processing Unit, which is the primary component of a computer that performs most of the processing inside a computer.