OA. 120 OB. 118 OC. 100 OD. 87 2019 Product Camera Quantity Price 2022 Quantity Price 100 $10 120 $12 Legal services Books 50 200 15 45 20 40 210 45 A very simple economy produces three goods: cameras, legal services, and books. The quantities produced and their corresponding prices for 2019 and 2022 are shown in the table. What is the GDP deflator in 2022 if 2022 is the base year?
OA. 120 OB. 118 OC. 100 OD. 87 2019 Product Camera Quantity Price 2022 Quantity Price 100 $10 120 $12 Legal services Books 50 200 15 45 20 40 210 45 A very simple economy produces three goods: cameras, legal services, and books. The quantities produced and their corresponding prices for 2019 and 2022 are shown in the table. What is the GDP deflator in 2022 if 2022 is the base year?
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Transcribed Image Text:OA. 120
OB. 118
OC. 100
OD. 87
Transcribed Image Text:2019
Product
Camera
Quantity
Price
2022
Quantity
Price
100
$10
120
$12
Legal services
Books
50
200
15
45
20
40
210
45
A very simple economy produces three goods: cameras, legal services, and books. The quantities produced and their corresponding prices for 2019 and 2022 are
shown in the table.
What is the GDP deflator in 2022 if 2022 is the base year?
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