If You Have $2 000 and the GDP Deflator Decreases

Multiple Choice

If you have $2 000 and the GDP deflator decreases from 120 to 110,then

A) the value of the $1 000 decreases.
B) the $1 000 will buy 8.3 percent less of the goods and services produced by society.
C) the $1 000 will buy 8.3 percent more of the goods and services produced by society.
D) you will be able to less goods,but the real value of those goods will decrease at the same time.