Table 1 shows the following amounts for the years 2009 to 2011. $\begin{array}{|c|c|c|}
\hline \text { Year } & \text { Nominal GDP } & \text { Real GDP } \
\hline 2009 & \$ 500 & \$ 500 \
\hline 2010 & \$ 600 & \$ 545.5 \
\hline 2011 & \$ 720 & \$ 600 \
\hline
\end{array}$
Prices in $billions
What is the GDP deflator for the three years?

Question

Table 1 shows the following amounts for the years 2009 to 2011. $\begin{array}{|c|c|c|}
\hline \text { Year } & \text { Nominal GDP } & \text { Real GDP } \
\hline 2009 & \$ 500 & \$ 500 \
\hline 2010 & \$ 600 & \$ 545.5 \
\hline 2011 & \$ 720 & \$ 600 \
\hline
\end{array}$ 
Prices in $billions
What is the GDP deflator for the three years?

Quizplus · Accepted Answer

The Answer of Table 1 shows the following amounts for the years 2009 to 2011. $\begin{array}{|c|c|c|}
\hline \text { Year } & \text { Nominal GDP } & \text { Real GDP } \
\hline 2009 & \$ 500 & \$ 500 \
\hline 2010 & \$ 600 & \$ 545.5 \
\hline 2011 & \$ 720 & \$ 600 \
\hline
\end{array}$ 
Prices in $billions
What is the GDP deflator for the three years?

Table 1 Shows the Following Amounts for the Years 2009