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1. Check out the nominal GDP levels for U.S.A. in 2021 and 2015 from the website of U.S. Bureau of Economic Analysis. The 2021 GDP

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1. Check out the nominal GDP levels for U.S.A. in 2021 and 2015 from the website of U.S. Bureau of Economic Analysis. The 2021 GDP deflator relative to the base year 2015 is 113 (P2015=100). a. Given that the U.S. population in 2021 is roughly 332.9 million, calculate the nominal GDP per capita in 2015. b. Calculate real GDP for 2021 in 2015 dollars. c. Calculate the compound annual growth rate of economic output from 2015 to 2021

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