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What is the inflation rate for 2018? Use the information from the preceding table to fill in the following table. Nominal GDP Real GDP Year

What is the inflation rate for 2018?

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Use the information from the preceding table to fill in the following table. Nominal GDP Real GDP Year (Dollars) (Base year 2016, dollars) GDP Deflator 2016 410 410 100 2017 1,170 585 200 2018 1,080 480 225 From 2017 to 2018, nominal GDP decreased , and real GDP decreased The inflation rate in 2018 was

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