Don't answer by pen paper and don't use chatgpt otherwise The question is based on the following data:Year201120122013GDE atcurrentpricesAnswer:250003060032100GDE atconstantprices262003060031200GDEdeflator%changein GDEdeflatorWhat is the percentage change (one decimal point) in the GDE deflator for 2012?

GDE Deflator is calculated by dividing GDEat current prices by GDE at constant prices.GDE deflator…

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What is the percentage change (one decimal point) in the GDE deflator for 2012?

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

ChapterD: The Expenditure-output Model

Section: Chapter Questions

Problem 12RQ: Exercise D12 What are the components on which the aggregate expenditure function is based?

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