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Table 71 GDP Based on Table 7

Question 59

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Table 7.1 GDP
 Nominal GDP(in billions of  dollars)   GDP deflator  CPI 2002$6,992.4106.2151.620037,431.6109.1153.820047,843.2112.3157.8\begin{array} { | l | r | c | r | } \hline & \begin{array} { c } \text { Nominal GDP(in billions of } \\\text { dollars) }\end{array} & \text { GDP deflator } & { \text { CPI } } \\\hline 2002 & \$6,992.4 & 106.2 & 151.6 \\\hline 2003 & 7,431.6 & 109.1 & 153 .8 \\\hline 2004 & 7,843.2 & 112.3 & 157 .8 \\\hline\end{array} Based on Table 7.1,the rate of inflation between 2002 and 2003 using the CPI was


A) 1.5 percent.
B) 2.2 percent.
C) 6.2 percent.
D) 4.1 percent.

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