Table 72 GDP for Newland Based on Table 7

Multiple Choice

Table 7.2 GDP for Newland
$$\begin{array} { | l | r | c | r | } \hline & \begin{array} { c } \text { Nominal GDP(in billions of } \\\text { dollars) }\end{array} & \text { GDP deflator } & { \text { CPI } } \\\hline 2001 & \$ 5,900 & 120.1 & 128.3 \\\hline 2002 & 6,300 & 123.0 & 131.7 \\\hline 2003 & 6,804 & 126.3 & 136.5 \\\hline\end{array}$$ Based on Table 7.2,the rate of inflation between 2002 and 2003,using the GDP deflator,was

A) 1.62 percent.
B) 2.68 percent.
C) 4.91 percent.
D) None of the other choices.