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

Question

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

Quizplus · Accepted Answer

The Answer of  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