Suppose the GDP deflator index has a base period of 100 in 1990 and by the year 2001 the deflator had an index value of 139. What was the percentage increase in this nation's price level? Suppose the deflator, instead, had dropped to 89.6 by 2001. What change in the national price level occurred?

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The Answer of Suppose the GDP deflator index has a base period of 100 in 1990 and by the year 2001 the deflator had an index value of 139. What was the percentage increase in this nation's price level? Suppose the deflator, instead, had dropped to 89.6 by 2001. What change in the national price level occurred?

Suppose the GDP Deflator Index Has a Base Period of 100