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Table 8-26 -Refer to Table 8-26.Given the Information Above,calculate the GDP Deflator

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Table 8-26
Table 8-26 -Refer to Table 8-26.Given the information above,calculate the GDP deflator for both 2012 and 2013.What does the value of the deflator in the year 2012 tell you about that year with respect to the base year? What happened to prices in 2013 as compared to 2012?
-Refer to Table 8-26.Given the information above,calculate the GDP deflator for both 2012 and 2013.What does the value of the deflator in the year 2012 tell you about that year with respect to the base year? What happened to prices in 2013 as compared to 2012?

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