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1. The previous table is quoted from page 37 of the main reference. Using the existing data, complete the three columns on the left, i.e.

1. The previous table is quoted from page 37 of the main reference. Using the existing data, complete the three columns on the left, i.e. find the price index considering 1970 as a base year, then find the real output, then the growth rate in the output.

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Price Index Real GDP growth in Real GDP %ARGDP Inflation Nominal GDP NGDP Year %100 4.9 242.2 281.6 320.1 1970 1971 1972 1973 385.7 1974 435.9 1975 5.6 12.4 18.9 11.9 11.8 14.3 6.9 14.3 567.3 1976 6.6 690.4 1977 14.7 20.1 795.4 982.5 1978 1979

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