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Commodity Quantity 2010 Quantity 2009 2010 Prices 2009 Prices Beer 26 30 $18 $15 Pizza 46 40 $15 $14 Telephones 9 8 $32 $30 Nominal

Commodity Quantity 2010 Quantity 2009 2010 Prices 2009 Prices

Beer 26 30 $18 $15

Pizza 46 40 $15 $14

Telephones 9 8 $32 $30

Nominal GDP for 2009 is 1250

Nominal GDP for 2010 is 1446

Using 2009 as the baseyear, real GDP for 2010 is ?(Enter your response as aninteger.)

Using 2009 as the baseyear, the GDP deflator for 2010 is ? (Round your response to two decimalplaces.)

The rate of inflation(using the GDPdeflator) between 2009 and 2010 is ? (Round your response to two decimalplaces.)

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