If the base year for the GDP deflator is 1996,the value of the GDP deflator for 1996
A)is 10.
B)is 100.
C)is 150.
D)cannot be determined from the data given.

Name: If the base year for the GDP deflator is 1996,the value of the GDP deflator for 1996 A)is 10. B)is 100. C)is 150. D)cannot be determined from the data given.
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Question

Quizplus · Accepted Answer

The GDP deflator for the base year is always set to 100. Therefore, if 1996 is the base year, the value of the GDP deflator for 1996 is 100.

If the Base Year for the GDP Deflator Is 1996,the