assume that in an economy, the value of the total output at current prices is $450 billion when the gdp deflator is 150 for year 1, and in year 2, it is $675 billion when the gdp deflator is 225. which of the following statements is true in this scenario? the value of the total output adjusted for inflation has increased by $225 billion in year 2. the value of the total output adjusted for inflation has increased by $300 billion in year 2. the value of the total output adjusted for inflation has decreased by $225 billion in year 2. the value of the total output adjusted for inflation has remained the same in year 2. there is insufficient data to determine the value of the total output adjusted for inflation in year 2.
