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What does a GDP deflator value of 1 1 0 indicate? A decrease in the overall level of prices. No change in the overall level

What does a GDP deflator value of 110 indicate?
A decrease in the overall level of prices.
No change in the overall level of prices compared to the base year.
Deflation of 10% compared to the base year.
Inflation of 10% compared to the base year.
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