Table 12-19 -Refer to Table 12-19

Table 12-19
$\begin{array}{|l|c|r|}\hline & \mathbf{2 0 1 7} & {\mathbf{2 0 1 8}} \\\hline \text { Nominal GDP } & \$ 10,000 & \$ 12,000 \\\hline \text { Real GDP } & 9,500 & 10,500 \\\hline\end{array}$
-Refer to Table 12-19.Given the information above,calculate the GDP deflator in 2018.

A) 114
B) 105
C) 95
D) 87

Correct Answer:

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