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Calculate GDP deflator from the following table: Year Nominal GDP Real GDP 2000 8952 8952 2001 9200 9050 2002 10,000 9500 2003 10,030 9330 2004 11,100 10,000
Calculate GDP deflator from the following table:
|
Year |
Nominal GDP |
Real GDP |
|
2000 |
8952 |
8952 |
|
2001 |
9200 |
9050 |
|
2002 |
10,000 |
9500 |
|
2003 |
10,030 |
9330 |
|
2004 |
11,100 |
10,000 |
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