Question:

The following table lists hypothetical values 1 2 Nominal

Last updated: 8/16/2023

The following table lists hypothetical values 1 2 Nominal

The following table lists hypothetical values 1 2 Nominal GDP 980 00 2019 1 020 00 2020 1 050 00 2021 1 200 00 2022 1 400 00 Year 2018 3 GDP Deflator base year 2020 90 92 100 105 110 4 Real GDP base year 2020 S 5 6 Percentage GDP change in real Deflator base GDP 7 Real GDP base year 2022 year 2022 81 8 83 6 90 9 95 5 100 Fill in Column 4 by calculating real GDP using the GDP deflator with a base year of 2020 from Column 3 Fill in Column 7 by calculating real GDP using the GDP deflator with a base year of 2022 from Column 6 Enter your responses rounded to the nearest whole number SA 50 A S Fill in Column 5 by calculating the annual percentage change in real GDP for each year using the values from Column 4 Fill in Column 8 by calculating the annual percentage change in real GDP for each year using the values from Column 6 ses rounded to two decimal places and include a minus sign if necessary Estoris 8 Percentage change in real GDP