If the GDP deflator rises from 185 to 190, what is the rate of inflation between the two years?

The strongest political pressure for a trade policy that results in higher protectionism comes from

A) domestic workers lobbying for import restrictions. B) domestic workers lobbying for export restrictions. C) domestic workers lobbying for free trade. D) domestic consumers lobbying for export restrictions. E) domestic consumers lobbying for import restrictions.

If Year 1 is the base year, the growth of real GDP is approximately

A) 100%. B) 109.5%. C) 137.5%. D) 148%.