Using 2006 as the base year, for 2007,  a)the real GDP is $880 and the GDP deflator is 80. b)real GDP is $880 and the GDP deflator is 125.  c)real GDP is $950 and the GDP deflator is 95. d)real GDP is $950 and the GDP deflator is 116.

Macroeconomics: Principles and Policy (MindTap Course List)
13th Edition
ISBN:9781305280601
Author:William J. Baumol, Alan S. Blinder
Publisher:William J. Baumol, Alan S. Blinder
Chapter6: How Statisticians Measure Inflation
Section6.A: How Statisticians Measure Inflation
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Using 2006 as the base year, for 2007,  a)the real GDP is $880 and the GDP deflator is 80. b)real GDP is $880 and the GDP deflator is 125.  c)real GDP is $950 and the GDP deflator is 95. d)real GDP is $950 and the GDP deflator is 116.
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