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:

Incident Report

A report required by a facility when an adverse incident with risk of liability occurs.

Intramuscular Injection

A method of administering medication deep into the muscles, allowing it to be absorbed into the bloodstream more quickly than some other methods.

Needle

A slender, pointed instrument used for injecting substances into the body, drawing fluids from it, or passing surgical threads through tissues.

Expense Report

A documented report of money spent or incurred by an employee for business-related activities, which is typically submitted for reimbursement.