The country of Old Jersey produces milk and butter,and it has published the following macroeconomic data,where quantities are in gallons and prices are dollars per gallon.
Between Year 1 and Year 2,the GDP deflator (based on Year 1 as a base year) rose
A) 60.00%.
B) 81.25%.
C) 83.33%.
D) 123.00%.
Correct Answer:
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