1A. Assume the table below to answer the questions.

	Nominal GDP ($ )	GDP Deflator	Population
2019	591	98	15
2020	629	101.4	16

a. What is the real GDP in 2019 measured in 2019 prices?

b. What is the real GDP in 2020 measured in 2019 prices?

c. What is the growth rate of real GDP?

d. What is the real per capita income in 2020?

e. Why growth rate of nominal GDP is higher than the growth rate real GDP?