1. Calculate the annual inflation level for the following hypothetical series ANNUAL YEAR INDEX INFLATION LEVEL 2003 100 2004 122,66 2005 141,68 2006 155,5 2007 166,33 2008 224,55 2009 301,74 2010 363,98 2011 421,96 2012 491,94 2013 538,632. Calculate the purchasing power of the dollar (1.00) for the following prices: IMPLIED PRICES OF PURCHASING YEAR GDP (2007 = POWER 100) 2004 64.8 2005 79,8 2006 91,3 2007 100 2008 108,3 2009 149,3 2010 195,1 2011 229,7 2012 265 2013 304,4 2014 337,593. Converts the following current prices to constant prices BILLIONS OF CURRENT DOLLARS PRICE INDEX 2013 = 100 BILLIONS OF CONSTANT DOLLARS YEARS 2013 2014 2015 2013 2014 2015 2013 2014 2015 Consumption 523 1 200 1900 100 120 160 Investment B4 160 300 100 130 140 Exports 190 350 390 100 128 112 Imports 92 140 230 100 142 153 GDP 100