Homes Price 2017 $200,000

Homes Purchased 2017 $1,000

Car Price 2017 $25,000

Car purchased 2017 $1,000

Milk price per gallon 2017 $2.25

Gallons purchased 2017 $100,000

Homes Price 2018 $350,000

Homes Purchased 2018 $1,500

Car Price 2018 $40,000

Car purchased 2018 $1,300

Milk price per gallon 2018 $3.75

Gallons purchased 2018 $150,000

Homes Price 2019 $400,000

Homes Purchased 2019 $1,250

Car Price 2019 $50,000

Car purchased 2019 $1,500

Milk price per gallon 2019 $3.00

Gallons purchased 2019 $175,000

Using 2017 as the base year, compute the following:

1. Nominal GDP for 2017, 2018 and 2019(10 points)
2. Real GDP for 2018 and 2019(4 points)
3. GDP Deflator for 2018 and 2019(4 points)
4. CPI for 2018 and 2019(4 points)
5. Percent growth of GDP Deflator & CPI from 2017-2018, 2018-2019(3 points)