The GDP Deflator in Year 4 Is 120 and the GDP

question 23

Multiple Choice

The GDP deflator in year 4 is 120 and the GDP deflator in year 5 is 130. The rate of inflation between years 4 and 5 is

• A) -10%.
• B) 7.7%.
• C) 8.33%.
• D) 10%.

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