Question 26 Suppose that the GDP deator in a nation equals 93 in 1970. If the average annualized rate of ination over the subsequent 50 years (between 1970 and 2020) is 1.62%, what is the value of the GDP deflator in 2020? Round your answer to two decimal points. E Question 27 Suppose that in 1960, the GDP deator is 19 and nominal GDP equals 391. If the base year is 2015, determine the level of real output in 1960 expressed in 2015 dollars? Round your answer to the nearest whole number and omit any units (123 NOT $123). Suppose that in 1975, real output equals 172. Further, suppose that real output equals 474 in 2020. What is the average annualized rate of real growth over this 45-year period? Round your answer to two decimal points and omit any units (e.g., 1.23 NOT 1.23%). l:|