Thank you for helping me Question 46 (2 points) The country of Panem produces only bow...

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business economics

Answer 1

Answer #1

Correct Answer:

B

Working note:

GDP Deflator = (nominal GDP / real GDP)*100

GDP deflator in 2012 = ((11*250 + 5.5*400)/(10*250 + 3.5*400))*100

GDP deflator in 2012 = 126.92

GDP deflator in 2013 = ((12*280 + 6.5*440)/(10*280 + 3.5*440))*100

GDP deflator in 2013 = 143.32

Inflation rate in 2013 = (143.32 - 126.92)/126.92

Inflation rate in 2013 = 12.92%

So, correct alternative B.

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Answer 2

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