If the GDP deflator values for 2008 and 2010 were 190 and 212.8 , respectively, which of
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If the GDP deflator values for 2008 and 2010 were 190 and 212.8 , respectively, which of the following best describes the annual growth rate of the overall price level?
A. 5.8 percent B. 6 percent C. 12 percent
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B 6 percent To calculate the annual growth rate of the overall price level we can use the formul...View the full answer
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Related Book For 
Economics For Investment Decision Makers
ISBN: 9781118111963
1st Edition
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
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