growth rate of nominal gdp, inflation rate, growth rate of population, growth rate of real gdp, growthrate of reL gdp per capita

Time Ramming show kamana in through the test X QUESTION 3: 25 Total marks The table below shows nominal GDP (Y) data for Mango Island for 1990 and 2005. Also shown are data for the GDP deflator (P) and the population (N). Calculate annual growth rates for GDP and population and the average inflation rate for the 15 years. Then calculate real GDP growth and per-capita, real GDP growth annually for that period. Year Nominal GDP GDP deflator Population (in $ millions) (1997-100) (in millions) 1990 2708 71.7 220 2005 6738 126.1 260 Question 4 a. (5 marks) Growth rate of Nominal GDP b. (5 marks) Inflation rate = c. [S marks/ Growth rate of population = d. [S marks] Growth rate of real GDP 0. [5 marks]Growth rate of real GDP per capita = H . E. B A - X