Is it possible to have a GDP deflator of less than 100? Multiple Choice

1. Yes, it would indicate a year when output was lower than in the base year.
2. No, that is mathematically impossible for the deflator to be less than 100.
3. Yes, it would indicate a year when prices were lower than in the previous year.
4. Yes, it would indicate a year when prices were lower than in the base year.

Garrett is an executive vice president at samm hardware. he researches a proposal by a larger company, maximum hardware, to combine the two companies. by analyzing past performance, conducting focus groups, and interviewing maximum employees, garrett concludes that maximum has poor profit margins, sells shoddy merchandise, and treats customers poorly. what actions should garrett and samm hardware take? a. turn down the acquisition offer and prepare to resist a hostile takeover. b. attempt a friendly merger and use managerial hubris to improve results at maximum. c. welcome the acquisition and use knowledge transfer to impart sam hardware's management practices. d. do nothing; the two companies cannot combine without samm hardware's explicit consent.