ASAP!! Answer please Calculate GDP deflator of Country A for Year 2019 using Year 2018 as the base year.  Year Price of Wheat Produced in  Country A Quantity of Wheat  Produced in  Country A Price of Cotton Produced in  Country B Quantity of Cotton Produced in  Country B Price of Maize Produced in  Country A Quantity of Maize Produced in Country A 2018 $ 0.50 10 $ 1.25 7 $ 1.00 10 2019 $ 1.00 15 $ 1.00 12 $ 2.00 12 2020 $ 1.50 20 $ 1.50 20 $ 3.00 15

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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ASAP!! Answer please

Calculate GDP deflator of Country A for Year 2019 using Year 2018 as the base year. 

Year

Price of

Wheat

Produced in 

Country A

Quantity of

Wheat 

Produced

in

 Country A

Price of

Cotton

Produced

in 

Country B

Quantity of Cotton

Produced in

 Country B

Price of

Maize

Produced

in 

Country A

Quantity of Maize

Produced

in

Country A

2018

$ 0.50

10

$ 1.25

7

$ 1.00

10

2019

$ 1.00

15

$ 1.00

12

$ 2.00

12

2020

$ 1.50

20

$ 1.50

20

$ 3.00

15

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