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Question) The GDP deflator for each of the three years, 2006, 2007 and 2008 respectively are:O. 100:141.66:149.39 149.39:100:141.66 100:149.39:141.66O 141.66:100:149.39nSQuestion The inflation rate for 2007

Question) The GDP deflator for each of the three years, 2006, 2007 and 2008 respectively are:O. 100:141.66:149.39 149.39:100:141.66 100:149.39:141.66O 141.66:100:149.39nSQuestion The inflation rate for 2007 is:O 25.5% 12.2% 5.45%O 41.66%

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Questions 47 to 49 relate to the table below Suppose people only consume 3 different goods. The following table shows the prices and quantities of each good consumed in 2006, 2007, and 2008. Year Price of Quantity of Price of Quantity Price of Quantity of Plates (f) Plates Beef (E) of Beef Mobiles (f) Mobiles 2006 5 100 9 125 50 210 2007 150 8 150 75 210 2008 300 7 225 80 300 The nominal GDP for each of the three years,2006, 2007 and 2008 respectively are: O f27,675;f12,125;;f17,850 O f12,200;E17,896,f27865 O f12,125;E17,850;f27,675 17,850;f12,125;627,675

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