Please write your answers in the space provided below each question 1) Consider an economy that produces and consumes coffee and bread Thn e and 2020 a) Use 2021 as the base year Compute following statistics for year 2022 nominal GDP, real GDP, GDP deflator (5 points) b) How much did the price level change between 2021 and 2022 Use the appropriate measure to cal (5 points)

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Please write your answers in the space provided below each question  1) Consider an economy that produces and consumes coffee and bread Thn e     and 2020  a) Use 2021 as the base year  Compute following statistics for year 2022  nominal GDP, real GDP, GDP deflator  (5 points) b) How much did the price level change between 2021 and 2022   Use the appropriate measure to cal (5 points)

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Please write your answers in the space provided below each question. 1) Consider an economy that produces and consumes coffee and bread Thn e.-.. and

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