Question: Using the data, calculate the GDP deflator for 2004, 2005, and 2006. 2004 2005 2006 Real GDP $2,003.00 $2,658.18 $3,512.78 Nominal GDP $2,003.00 $4,289.00

Using the data, calculate the GDP deflator for 2004, 2005, and 2006. 2004 2005 2006 Real GDP $2,003.00 $2,658.18 $3,512.78 Nominal GDP $2,003.00 $4,289.00 $7,158.00

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