11. Gross Domestic Product (GDP) and Consumer Price Index (CPI)
Nominal GDP and Real GDP
Multiple Choice
Multiple ChoiceThe United States of Barbeque produces two goods:Hot Dogs and Hamburgers. Use the following information to calculate the GDP Deflator for 2012, assuming the base year is 2010.
A
91.30
B
103.11
C
106.19
D
96.98
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