The accompanying table provides the annual real GDP (in billionsof 2000 dollars) and
Chapter 3, Problem 10(choose chapter or problem)
The accompanying table provides the annual real GDP (in billionsof 2000 dollars) and nominal GDP (in billions of dollars)for the United States.a. Calculate the GDP deflator for each year.b. Use the GDP deflator to calculate the inflation rate for allyears except 2002.
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