8. Answer each of the following question based on the incomplete infor- mation supplied in the table below. Period Implicit Price Deflator for GDP Nominal GDP Real GDP (period 1=100) (current $) (period 1 $) 100 300 ? 900 600 300 1.500 A 200 1,200 (a) Compute nominal GDP in period 1 (b) Compute the price deflator in period 2 (c) Compute real GDP in periods 3 and 4. (d) Was there a recession in any of the periods? Explain