If GDP Rises from $5 Trillion to $6 Trillion and Real

question 327

Multiple Choice

If GDP rises from $5 trillion to $6 trillion and real GDP rises from $4 trillion to $4.4 trillion,the percentage change in the GDP deflator is

• A)15 %.
• B)10 %.
• C)2.3%.
• D)2%.

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Definitions:

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