Consider a Melanesian island nation in the South Pacific, which has a population of 0.8 million in 2005. The below table represents the nominal GDP and the GDP deflator (based 2000 being the base year) for the 2005, 2010, and 2015 Year 2005 2010 2015 Nominal GDP ($millions) 17500 18222 18755 GDP Deflator 103.7 104.8 105.9 Over each 5-years period, there were no significant changes to government policies or capital investment, and the country experienced a net migration of 0%. However, over the first five years (2005 to 2010), the growth rate of birth was 12.5% while the growth rate of death was 7.5%. This resulted in a 5% population growth. Over the second five years (2010- 2015), health care significantly improved such that the growth rate of birth increased to 15% while the growth rate of deaths decreased to 5% Now consider the following additional information for the Melanesian island nation: Year 2005 2010 2015 Employment population ratio (%) 64 65 66 6. Describe the nation's labor productivity over the decade.(10 points) Complete the sentence by entering a numerical value (zero is acceptable) in the blank spaces provided. in the 1st blank space: A = not changed I B = increased I C decreased I D= increased then decreased I E decreased then increased in the 2nd, 3rd, and 4th blank spaces: a numerical value In 2008, the real GDP per The nation's labor productivity has worker was over the decade. In 2005, the real GDP per worker (same as the real GDP per employed) was $ and in 2018, the real GDP per worker was $