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

question 141

Multiple Choice

If the GDP deflator rises from 185 to 190,what is the percentage increase in the price level between the two years?

• A) 270 per cent
• B) 50 per cent
• C) 5 per cent
• D) 2.7 per cent

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Definitions:

Chronic

Describing a condition or disease that is persistent or long-lasting in its effects, often for the duration of one's life.

Gastrointestinal

Referring to the stomach and intestines, and related to the process of digestion and the management of diseases affecting this system.

Upper Respiratory

Pertaining to the upper part of the respiratory system, including the nose, throat, and trachea.

Seriation

Ability to order items along a dimension.