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Assume the Table Has Recorded the Total Output and Prices

Question 117

Multiple Choice

Assume the table has recorded the total output and prices of the only two goods produced. Looking at the figures in the table and using them to construct the GDP deflator, we can note the GDP deflator in 2003 was: A) 135 B) 74 C) 109 D) 105 Assume the table has recorded the total output and prices of the only two goods produced. Looking at the figures in the table and using them to construct the GDP deflator, we can note the GDP deflator in 2003 was:


A) 135
B) 74
C) 109
D) 105

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