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What does a GDP deflator value of 1 1 0 indicate? Group of answer choices Inflation of 1 0 % compared to the base year.
What does a GDP deflator value of indicate?
Group of answer choices
Inflation of compared to the base year.
Deflation of compared to the base year.
No change in the overall level of prices compared to the base year.
A decrease in the overall level of prices.
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Analysis Of Economic Data
Authors: Gary Koop
3rd Edition
0470713895, 9780470713891
