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Below are the characteristics of the country of Macro: Year 2017 Year 2018 Year 2019 Homes Price $200,000 $350,000 $400,000 Homes 1,000 1,500 Purchased 1,250

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Below are the characteristics of the country of Macro: Year 2017 Year 2018 Year 2019 Homes Price $200,000 $350,000 $400,000 Homes 1,000 1,500 Purchased 1,250 Car Price $25,000 $40,000 $50,000 Cars Purchased 1,000 1,300 1,500 Milk Price per $2.25 $3.75 $3.00 gallon Gallons 100,000 150,000 175,000 Purchased Using 2017 as the base year, compute the following: a. Nominal GDP for 2017, 2018 and 2019 b. Real GDP for 2018 and 2019 c. GDP Deflator for 2018 and 2019 d. CPI for 2018 and 2019 e. Percent growth of GDP Deflator & CPI from 2017-2018, 2018-2019

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