GDP Price Deflator Index GDP Price Deflator Index Current or Nominal YEAR GDP (1990 = 100) (2000 = 100) %3D 1990 $500 100 2000 $1,200 200 100 The value of the gross domestic product in 2000, in terms...

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Extracted text: GDP Price Deflator Index GDP Price Deflator Index Current or Nominal YEAR GDP (1990 = 100) (2000 = 100) %3D 1990 $500 100 2000 $1,200 200 100 The value of the gross domestic product in 2000, in terms of 1990 prices, was (A) $600. (B) $700. (C) $1,000. (D) $1,200. (E) $1,300. 15. If 2000 were made the base for the GDP year price deflator index, the value of the index number for 1990 (rounded to the nearest whole number) would be ITATTT (A) zero. (B) 42. (C) 142. (D) 212. (E) 256.