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Price of Quantity of Price of Quantity of Year Soup Soup Bread Bread 2011 $1.50 50 cans $2.00 75 loaves 2012 $1.00 60 cans $2.00

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Price of Quantity of Price of Quantity of Year Soup Soup Bread Bread 2011 $1.50 50 cans $2.00 75 loaves 2012 $1.00 60 cans $2.00 80 loaves 2013 $1.50 50 cans $3.00 120 loaves 2014 $2.00 60 cans $2.50 120 loaves Using 2011 as the base year, calculate GDP Deflator for 2014 72.41 78.57 138.10 127.27

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