The table below shows data for real and nominal GDP (in billions of Shillings) for a hypothetical economy over several years. Year
Nominal GDP
Real GDP

2015
775.3
798.4

2016
814.1
838.6

2017
862.9
862.9

2018
901.5
882.5

2019
951.3
920.6

2020
998.8
950.5

Compute the GDP deflator for each year.

The table below shows data for real and nominal GDP (in billions of Shillings) for a hypothetical economy over several years.

Year

Nominal GDP

Real GDP

2015

775.3

798.4

2016

814.1

838.6

2017

862.9

862.9

2018

901.5

882.5

2019

951.3

920.6

2020

998.8

950.5

Compute the GDP deflator for each year.

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option c

explanation:

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