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28) What is the approximate deflator if nominal GDP is 15 trillion and real GDP is 13 trillion?a) 86b) 120c) 1.15d) 115e) 0.8630) If real
28) What is the approximate deflator if nominal GDP is 15 trillion and real GDP is 13 trillion?a) 86b) 120c) 1.15d) 115e) 0.8630) If real GDP goes from 2.5 trillion to 3.1 trillion in one year. What is the percentage change?a) none of the other answersb) 24%c) approximately 19%d) approximately 80%please show detail calculations of correct options.
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