Fill in the blanks of the following table and answer the following questions.
$$\begin{array}{l}
\begin{array} {llll }
\text {Year }&\text {Real GDP }&\text { Nominal GDP}&\text {GDP Deflator }\
\hline2005&8,144.8&----&101.9\
2006&----&8,759.9&103.1\2007&8,848.2&9,256.1&----\
\end{array}
\end{array}$$ (a)Does the table indicate there is inflation?

Question

Fill in the blanks of the following table and answer the following questions.
 $$\begin{array}{l}
\begin{array} {llll } 
 \text {Year  }&\text {Real GDP }&\text { Nominal GDP}&\text {GDP Deflator }\
\hline2005&8,144.8&----&101.9\
2006&----&8,759.9&103.1\2007&8,848.2&9,256.1&----\
\end{array}
\end{array}$$ (a)Does the table indicate there is inflation?

Quizplus · Accepted Answer

The Answer of Fill in the blanks of the following table and answer the following questions.
 $$\begin{array}{l}
\begin{array} {llll } 
 \text {Year  }&\text {Real GDP }&\text { Nominal GDP}&\text {GDP Deflator }\
\hline2005&8,144.8&----&101.9\
2006&----&8,759.9&103.1\2007&8,848.2&9,256.1&----\
\end{array}
\end{array}$$ (a)Does the table indicate there is inflation?

Fill in the Blanks of the Following Table and Answer