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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 110 indicate?
Group of answer choices
Inflation of 10% compared to the base year.
Deflation of 10% 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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