Given the information in the attached table, if 2025 is the base year, what is the GDP deflator in 2026? (Round to two decimal places. if your answer is 1.125, enter 1.13.) Good A Good B 2024 2024 2025 2025 2026 2026 PQP Q P Q $4 21 25 $7 26 $5 $10 31 $13 35 $14 37

Survey of Economics (MindTap Course List)
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Chapter11: Gross Domestic Product
Section: Chapter Questions
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Given the information in the attached table, if 2025 is
the base year, what is the GDP deflator in 2026? (Round
to two decimal places. if your answer is 1.125, enter
1.13.)
Good
A
Good
B
116.67
2024 2024 2025 2025 2026
P Q P
$4 21 $5
2026
Q P Q
25 $7 26
$10 31 $13 35
$14
37
Transcribed Image Text:Given the information in the attached table, if 2025 is the base year, what is the GDP deflator in 2026? (Round to two decimal places. if your answer is 1.125, enter 1.13.) Good A Good B 116.67 2024 2024 2025 2025 2026 P Q P $4 21 $5 2026 Q P Q 25 $7 26 $10 31 $13 35 $14 37
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