19. The following table contains nominal and real GDP data, in billions of dollars, from the...

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19. The following table contains nominal and real GDP data, in billions of dollars, from the U.S. Bureau of Economic Analysis for 2011 and 2012. The data is listed per quarter, and the real GDP data was calculated using 2005 as the base year. Fill in the columns for the GDP deflator and for the percent increase in price level. QUARTER 2011q1 2011q2 2011q3 201194 2012q1 2012q2 2012q3 2012q4 NOMINAL GDP 14,867.8 15,012.8 15,176.1 15,294.3 15,478.3 15,585.6 15,811.0 15,864.1 REAL GDP 13,227.9 13,271.8 13,331.6 13,422.4 13,506.4 13,548.5 13,652.5 13,665.4 GDP DEFLATOR PERCENT INCREASE IN PRICE LEVEL 19. The following table contains nominal and real GDP data, in billions of dollars, from the U.S. Bureau of Economic Analysis for 2011 and 2012. The data is listed per quarter, and the real GDP data was calculated using 2005 as the base year. Fill in the columns for the GDP deflator and for the percent increase in price level. QUARTER 2011q1 2011q2 2011q3 201194 2012q1 2012q2 2012q3 2012q4 NOMINAL GDP 14,867.8 15,012.8 15,176.1 15,294.3 15,478.3 15,585.6 15,811.0 15,864.1 REAL GDP 13,227.9 13,271.8 13,331.6 13,422.4 13,506.4 13,548.5 13,652.5 13,665.4 GDP DEFLATOR PERCENT INCREASE IN PRICE LEVEL

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Step 1 GDP Deflator GDP deflator is the measure of the change in the prices of all the goods and ser... View the full answer