Fill in the blanks of the following table and answer the following questions.
Year Real GDP Nominal GDP GDP Deflator
2018 8,144.8 __________ 101.9
2019 __________ 8,759.9 103.1
2020 8,848.2 9,256.1 __________
(a)Does the table indicate there is inflation? Explain your answer.
(b)What was the percentage change in nominal GDP in 2006 and 2007? Inflation? Real GDP?

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The Answer of Fill in the blanks of the following table and answer the following questions.
Year Real GDP Nominal GDP GDP Deflator
2018 8,144.8 __________ 101.9
2019 __________ 8,759.9 103.1
2020 8,848.2 9,256.1 __________
(a)Does the table indicate there is inflation? Explain your answer.
(b)What was the percentage change in nominal GDP in 2006 and 2007? Inflation? Real GDP?

Fill in the Blanks of the Following Table and Answer