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Author Question: Table 8-18 A very simple economy produces three goods: cameras, legal services, and books. The ... (Read 14 times)

DelorasTo

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Table 8-18








A very simple economy produces three goods: cameras, legal services, and books. The quantities produced and their corresponding prices for 2011 and 2016 are shown in the table above. 






Refer to Table 8-18. What is the GDP deflator in 2011 if 2016 is the base year?


◦ 187
◦ 87
◦ 8.7
◦ 0.87


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Marked as best answer by DelorasTo on Mar 16, 2019

ebe

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DelorasTo

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Reply 2 on: Mar 16, 2019
YES! Correct, THANKS for helping me on my review


deja

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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