Suppose you are given the following annual deflator information for the US (https://fred.stlouisfed.org). Using the information from the table we can conclude that the base year was:
A) 2008
B) 2009
C) 2010
D) none of these is correct

Question

Suppose you are given the following annual deflator information for the US (https://fred.stlouisfed.org). Using the information from the table we can conclude that the base year was: 
A) 2008 
B) 2009 
C) 2010 
D) none of these is correct

Quizplus · Accepted Answer

The base year is defined as the year with a deflator index of 100. In this case, the deflator index was 100 in 2009, indicating that 2009 is the base year.

Suppose You Are Given the Following Annual Deflator Information for the US