Table 12-19
$$\begin{array} { | l | r | r | }
\hline & \mathbf { 2 0 1 2 } & { \mathbf { 2 0 1 3 } } \
\hline \text { Nominal GDP } & \$ 10,000 & \$ 12,000 \
\hline \text { Real GDP } & 9,500 & 10,500 \
\hline
\end{array}$$
-Refer to Table 12-19.Given the information above,calculate the GDP deflator in 2012.

Question

Table 12-19
 $$\begin{array} { | l | r | r | } 
\hline & \mathbf { 2 0 1 2 } &  { \mathbf { 2 0 1 3 } } \
\hline \text { Nominal GDP } & \$ 10,000 & \$ 12,000 \
\hline \text { Real GDP } & 9,500 & 10,500 \
\hline
\end{array}$$
-Refer to Table 12-19.Given the information above,calculate the GDP deflator in 2012.

Quizplus · Accepted Answer

The Answer of Table 12-19
 $$\begin{array} { | l | r | r | } 
\hline & \mathbf { 2 0 1 2 } &  { \mathbf { 2 0 1 3 } } \
\hline \text { Nominal GDP } & \$ 10,000 & \$ 12,000 \
\hline \text { Real GDP } & 9,500 & 10,500 \
\hline
\end{array}$$
-Refer to Table 12-19.Given the information above,calculate the GDP deflator in 2012.

Table 12-19 -Refer to Table 12-19