The question is regarding GDP deflator.
nominal & real GDP 2015, and GDP Deflator; 800, 400, 200
nominal & real GDP 2014, and GDP Deflator; 400, 400, 100
As far as I understand the increase in GDP can be considered as a factor for economic well-being , but the question is that when quantities are constant in 2014 & 2015, and prices increased because of inflation and GDP increased because of inflation. can we still assume that this increase in GDP is an indicator for economic well-being ??