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Country A has an expansionary period. 2018 Quantity 2018 Price 2019 Quantity 2019 Price Books 10 $30 8 $50 Pens 20 $1 15 $2 a.

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Country A has an expansionary period. 2018 Quantity 2018 Price 2019 Quantity 2019 Price Books 10 $30 8 $50 Pens 20 $1 15 $2 a. Calculate the nominal GDP in 2018 b.Calculate the real GDP in 2019 (Price prevailed in 2018) c. What is the economic growth? d. Calculate GDP deflator in 2018 e. Calculate the consumer price index (CPI in 2019) f. Calculate the inflation

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