Refer to the information provided in Table 21.9 below to answer ...

[CharlieWard]

Question 1

Refer to the information provided in Table 21.9 below to answer the question(s) that follow.









Refer to Table 21.9. Assume that this economy produces only two goods Good 
X and Good 
Y. If year 1 is the base year, the value for this economy's GDP deflator in year 1 is

◦ 1.
◦ 100.
◦ 110.
◦ 111.

Question 2

Refer to the information provided in Table 21.9 below to answer the question(s) that follow.









Refer to Table 21.9. Assume that this economy produces only two goods Good 
X and Good 
Y. If year 1 is the base year, the value for this economy's GDP deflator in year 2 is

◦ 93.9.
◦ 100.
◦ 106.5.
◦ 179.

[LP]

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[CharlieWard]

TY

[LP]

You're welcome