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Please write the answers and solution on paper and attach it for better understanding III: RATES of GROWTH (25 Marks) Year Nom'l GDP GDP Deflator

Please write the answers and solution on paper and attach it for better understanding

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III: RATES of GROWTH (25 Marks) Year Nom'l GDP GDP Deflator Pop'n (billions $) (2007 = 100) (000s) 2001 1,108 84.7 30,360 2002 1,153 35.7 30,710 2003 1,213 88.4 31,050 2004 1,291 91.3 31,410 2005 1,374 94.3 31,750 2006 1,450 96.8 32,110 2007 1,530 100.0 32,450 2008 1,603 104.0 32,800 2009 1,529 102.1 33,160 2010 1,625 105.1 33,530 2011 1,721 108.4 33,910 2012 1,746 110.0 34,290 2013 1,790 111.8 34,680 2014 1,852 113.8 35,100 1. Calculate and state the following for the years shown for the Canadian economy: the rates of growth (% per year) of a) nominal GDP; b) real GDP; c) real GDP per capita. asel 2. Plot all your results calculated in ( 1 ) above on one graph

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