Multiple Choice
Table 19-18
A very simple economy produces three goods: cameras,legal services,and books.The quantities produced and their corresponding prices for 2011 and 2016 are shown in the table above.
-Refer to Table 19-18.What is the GDP deflator in 2016 if 2016 is the base year?
A) 120
B) 118
C) 100
D) 87
Correct Answer:

Verified
Correct Answer:
Verified
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