The GDP implicit price deflator was 112.7 in 2005 and 116.0 in 2006. Therefore, the increase in the price level between the base year and 2006 was
A)2.8%.
B)2.9%.
C)3.3%.
D)16%.

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The Answer of The GDP implicit price deflator was 112.7 in 2005 and 116.0 in 2006. Therefore, the increase in the price level between the base year and 2006 was
A)2.8%.
B)2.9%.
C)3.3%.
D)16%.

The GDP Implicit Price Deflator Was 112