Table 5-4
Use the following table to answer the following questions.
-Refer to the Table 5-4.Using 2011 as the base year,what can we conclude for 2010?
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.
Correct Answer:
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