Question: Hello, I am not sure if I did this problem correctly. I would greatly appreciate any help! Real GDP Nominal GDP 2004 $1,819.00 $1,819.00 2005
Hello, I am not sure if I did this problem correctly. I would greatly appreciate any help!

Real GDP Nominal GDP 2004 $1,819.00 $1,819.00 2005 $3,326.95 $4, 152.00 2006 $3,702.56 $6, 116.00 Using the above data, calculate the GDP deflator for 2004, 2005, and 2006. If your answer is not a whole number, round at 3 decimal places. GDP Deflator 2004 Enter your answer 100 GDP Deflator 2005 Enter your answer 124.83 Enter your answer GDP Deflator 2006 165.20
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
