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The accompanying table provides the annual real gdp in


Question: The accompanying table provides the annual real GDP (in billions of 2009 dollars) and nominal GDP (in billions of dollars) for the United States.

746_2009.png

a. Calculate the GDP deflator for each year.

b. Use the GDP deflator to calculate the inflation rate for all years except 2009.

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Engineering Mathematics: The accompanying table provides the annual real gdp in
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