8. The accompanying table provides the annual real GDP (in billions of 2009 dollars) and nominal GDP (in billions of dollars) for the United States.
2009 | 2010 | 2011 | 2012 | 2013 | |
Real GDP (billions of 2009 dollars) | 14,417.9 | 14,779.4 | 15,052.4 | 15,470.7 | 15,761.3 |
Nominal GDP (billions of dollars) | 14,417.9 | 14,958.3 | 15,533.8 | 16,244.6 | 16,799.7 |
Calculate the GDP deflator for each year.
Use the GDP deflator to calculate the inflation rate for all years except 2009.