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( 1 0 pts ) Consider the data in the following table, which represents the total production of the country Byzantium, a country that produces

(10 pts) Consider the data in the following table, which represents the total production of the country Byzantium, a
country that produces only consumer goods.
(a)(5pts) Calculate real GDP for all three years, using 2018 as the base year. Show your work.
(b)(5 pts) Calculate the consumer price index (CPI), using 2018 as the base year. Identify whether there was
inflation from the previous year. Show your work.
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