please solve for the numbers below showing the equations ill rate you up ...
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please solve for the numbers below showing the equations ill rate you up
Given the following Hypothetical Example and the base year is 2019, answer the questions that follow Year X Y Z Nominal Real GDP Real GDP Inflation GDP GDP Deflator Growth Rate QPQPQP 2018 1 2 2 4 3 2 2019 3 3 2 553 2020 4 4 3 6 6 4 a. Calculate the nominal GDP in the three years b. Calculate the real GDP in the three years. c. Calculate the GDP deflator in the three years d. Calculate the real GDP growth between 2018 and 2019 e. Calculate the rate of inflation in 2019
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