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We. C QUESTION 4 Consider the following data, where gross domestic product (GDP) values are measured in millions of dollars, to answer the following questions:

We. C QUESTION 4 Consider the following data, where gross domestic product (GDP) values are measured in millions of dollars, to answer the following questions: Year Nominal GDP Real GDP GDP Deflator 2009 $500 100 2010 $551.2 106 2011 $600.6 $546 2012 $600.6 120 What is the value of the gross domestic product (GDP) deflator in 2011? Round to the nearest decimal. O a. 112.0 O b. 110.0 O c. 54.6 O d. 90.9 O e. 154.6 QUESTION 5

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