Consider the following data, where gross domestic product (GDP) values are measured in millions of dollars, to answer the following questions: Year 2009 2010 2011 2012 Nominal GDP $551.2 $600.6 Real GDP $500 $546 $600.6 What is the value of the gross domestic product (GDP) deflator in 2011? Round to the nearest decimal. 154.6 54.6 110.0 112.0 90.9 GDP Deflator 100 106 120
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