-Refer to Table 5-2. Using 2018 as the base year, what can we conclude for 2017?
A) Real GDP is $760, and the GDP deflator is 100.
B) Real GDP is $760, and the GDP deflator is 125.
C) Real GDP is $880, and the GDP deflator is 80.
D) Real GDP is $950, and the GDP deflator is 80.

Question

-Refer to Table 5-2. Using 2018 as the base year, what can we conclude for 2017?
A) Real GDP is $760, and the GDP deflator is 100. 
B) Real GDP is $760, and the GDP deflator is 125. 
C) Real GDP is $880, and the GDP deflator is 80. 
D) Real GDP is $950, and the GDP deflator is 80.

Quizplus · Accepted Answer

The Answer of 
-Refer to Table 5-2. Using 2018 as the base year, what can we conclude for 2017?
A) Real GDP is $760, and the GDP deflator is 100. 
B) Real GDP is $760, and the GDP deflator is 125. 
C) Real GDP is $880, and the GDP deflator is 80. 
D) Real GDP is $950, and the GDP deflator is 80.