1. According to the final estimate for fourth quarter 2022 GDP for the United States

economy, did the nominal GDP or real GDP increase by a larger amount? Explain

why this measure increased more than the other (2 points).

2. Between February 2022 and February 2023, did the CPI or core CPI experience a

higher growth rate? Explain what would cause this measure to grow by a larger

amount than the other measure. (2 points)