Suppose the GDP implicit price deflator was 112.7 in 2013 and 116.0 in 2014. Therefore, the inflation rate in 2014 would be
A)2)8%.
B)2)9%.
C)3)3%.
D)16%.

Name: Suppose the GDP implicit price deflator was 112.7 in 2013 and 116.0 in 2014. Therefore, the inflation rate in 2014 would be A)2)8%. B)2)9%. C)3)3%. D)16%.
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The Answer of Suppose the GDP implicit price deflator was 112.7 in 2013 and 116.0 in 2014. Therefore, the inflation rate in 2014 would be
A)2)8%.
B)2)9%.
C)3)3%.
D)16%.

Suppose the GDP Implicit Price Deflator Was 112