1. Consider an economy described by the following data. (Please compute all numerical answers to two decimal places.) No. of pizzas Price of No. of bottles of Price of a No. of bags of Price of a Year produced a pizza beer produced bottle of beer peanuts produced bag of peanuts 2018 4,920 $10.90 3,680 $3.30 4,245 $2.85 2019 5,105 $17.35 3,725 $3.45 4,340 $2.90 (a) Compute nominal GDP for 2018. (2.5 points} (b) Compute nominal GDP for 2019. (2.5 points} (6] Compute real GDP for 2018 using 2018 as the base year. (2.5 points) (d) Compute real GDP for 2019 using 2013 as the base year. (2.5 points) (3) Compute the growth rate of real GDP for 2019. (2.5 points) (f) Compute the GDP deator for 2018 using 2018 as the base year. (2.5 points} (g) Compute the GDP deator for 2019 using 2018 as the base year. (2.5 points} (h) Compute the ination rate for 2019. (2.5 points)