-Refer to the information above to answer this question.What is the value of the GDP deflator in 2015?

Name: -Refer to the information above to answer this question.What is the value of the GDP deflator in 2015?
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The GDP deflator is calculated as (Nominal GDP / Real GDP) * 100. If the nominal GDP in 2015 is higher than the real GDP, the deflator would be greater than 100, indicating inflation since the base year. Option E, 118.0, suggests this scenario.

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