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please help: Calculating Real GDP, Price lndices, and Inflation. Using the data from the table below, answer the following questions: Quantities Produced Prices CDs Tennis

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Calculating Real GDP, Price lndices, and Inflation. Using the data from the table below, answer the following questions: Quantities Produced Prices CDs Tennis Rackets Price per CD Price per Tennis Racket 2011 110 205 $21 $110 2012 125 220 $25 $125 Real GDP in 2011 using 2011 prices is $ 248.6 . (Enter your response as an integer.) Real GDP in 2012 using 2011 prices is $:|. (Enter your response as an integer.) Real GDP grew by D percent. (Enter your response as a percentage rounded to two decimal places.) The price index for GDP (GDP Detlator) for 2012 using 2011 as the base year is D. (Enter your response rounded to two decimal places.) Prices increased by D percent. (Enter your response as a percentage rounded to two decimal places.)

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