I'm struggling on how to solve for these?

QUESTION 1 10 points Save Answer Use the Consumer Price Index (CPIAUCSL) and GDP deflator (GDPDEF) to create a graph of two measures of inflation in the average price level from 1947-present (use LINE 1 and LINE 2). To create inflation, change the "Units" from "Index" to "Percent Change from a Year Ago" for each line. Use this graph to answer questions 2-6. Attach File Browse Local Files QUESTION 2 10 points Save Answer CPI inflation is (lower than/higher than/about the same as) GDP deflator inflation on average and most of the time. QUESTION 3 10 points Save Answer When CPI inflation is greater than GDP deflator inflation it must be because: O Household income is rising and consumers are buying a lot more goods and services O Consumer prices are rising faster than the prices of other components of GDP (1, G, NX) The prices of other components of GDP (1, G, NX) are rising faster than consumer prices O Foreign consumers are buying more U.S. exports of goods and servicesQUESTION 4 10 points Save Answer Between the early 1980s and the COVID-19 Pandemic in 2020, the variability (ups and downs) of CPI inflation was (less than/greater than/the same as) inflation measured by the GDP deflator. QUESTION 5 10 points Save Answer What is the period of time referred to as, "The Great Inflation"? O Very low and stable inflation during the 2010s O The rapid decline of inflation during the 1980s Negative inflation during the early 1950s O Rising and unusually high inflation during the late 1960s through the 1970s QUESTION 6 10 points Save Answer After 2020 (the COVID-19 Pandemic), inflation reached 7.5 percent or higher. When was the last time U.S. inflation was this high? O About a century ago (the late 1920s) O Four decades ago (the early 1980s) O Never More than a half century ago (the early 1950s) O During the Financial Crisis of 2007-2010QUESTION 7 10 points Save Answer Use the Consumer Price Index (CPIAUCSL) and GDP deflator (GDPDEF) to create a graph of two measures of the average price level from 1947-present (use LINE 1 and LINE 2). To make the two variables the same frequency, convert CPIAUCSL from monthly to quarterly using "Modify Frequency" for each line. Use this graph to answer questions 2-6. Attach File Browse Local Files QUESTION 8 10 points Save Answer Compare and contrast the values of the levels of the CPI and GDP deflator at each point in time. The CPI is always (lower than/higher than/the same as) the GDP deflator indexes over time. QUESTION 9 10 points Save Answer Why might one U.S. price index have a different numeric level than another? O Because it reflects higher inflation than the other price index O Because it is constructed by a different government agency O Because it excludes goods and services with low prices O Because it has a different base yearQUESTION 10 10 points Save Answer The base year of the CPI is The base year of the GDP deflator is QUESTION 11 10 points Save Answer Which of the following calculations would make the CPI and GDP deflator price indexes have the same base years? Check all that apply. O In every time period, divide the CPI by the average level of the GDP deflator in 1982-84 and multiply the result by 100. O In every time period, divide the GDP deflator by its own average level in 1982-84 and multiply the result by 100. O In every time period, divide the GDP deflator by the average level of the CPI in 2012 and multiply the result by 100. None. The CPI and GDP deflator index have the same base year. O In every time period, divide the CPI by its own average level in 2012 and multiply the result by 100. QUESTION 12 10 points Save Answer Compare and contrast the trends in the levels of the CPI and the GDP deflator over time (more than 7 decades). Compared to the GDP deflator, the CPI is rising: O Maybe faster or slower than the GDP deflator; can't tell for sure from index values O Faster over time O Slower over time O The same over timeQUESTION 13 10 points Save Answer Use the "total" Consumer Price Index (CPIAUCSL) and the "core CPI" (CPILFESL) to create a different graph of two measures of inflation from 1948-present (use LINE 1 and LINE 2). To create inflation, change the "Units" from "Index" to "Percent Change from a Year Ago" for each line. NOTE: The Core CPI is the average of all prices except the price of food and the price of energy (gas, electricity, etc.). Use this graph to answer questions 14-17. Attach File Browse Local Files QUESTION 14 10 points Save Answer Prior to 2020, CPI inflation is (lower than/higher than/about the same as) core CPI inflation on average and most of the time. QUESTION 15 10 points Save Answer When CPI inflation is greater than core CPI inflation it must be because: O The prices of other consumer goods are rising faster than food and energy prices O None of the above O Food and energy prices are rising faster than other consumer prices O Consumers are dieting more and driving their cars and trucks less oftenQUESTION 16 10 points Save Answer Between the early 1980s and the COVID-19 Pandemic in 2020, the variability (ups and downs) of CPI inflation was (less than/greater than/the same as) core CPI inflation. QUESTION 17 10 points Save Answer During 2021-2022, gasoline prices more than doubled from about $2.25 per gallon to $5 per gallon. In the 1970s, gasoline pries also increased by comparable proportions. What is different about the relationship between CPI inflation and core CPI inflation now than in the 1970s? O OPEC is not raising oil prices as much as it did in the 1970s O None of the above O This time core CPI inflation has not increased about the same as CPI inflation O This time core CPI inflation increased more than CPI inflation