1. Calculate the GDP deflator and the inflation rate for 2019 for the country of Niaps if their nominal GDP in 2019 was $50 billion and their real GDP was $40 billion.

2. The following data is for the beautiful nation of Adanac for 2019. Dollars are in millions.

Consumer Employed (thousands) spending Taxes 800 Government Population s-_endin (millions) compensation Exports Discouraged workers 500 Imports Others not in labor force 500 Capital investment Business profits