Chapter 1

Year GDP Deflator %∆ GDP Deflator 2000 88.647 2001 90.65 2.3 2002 92.118 1.6 2003 94.10 2.2 2004 96.77 2.8 2005 100.00 3.3 2006 103.257 3.3 2007 106.214 2.9 2008 108.483 2.1 2009 109.77 1.2 Real GDP or real GDP per capita is a good but imperfect measure of welfare. ................
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