Suppose that in 1981 the total output in a single-good economy was 28,596 chickens. Also suppose that in 1981 each chicken was priced at $8. Finally, assume that in 1991 the price per chicken was $5 and that 16,450 were purchased.

For each of the following parts, assume that1981 is the base year.

Note:Please round your answers to two decimal places.

a)Determine the GDP Deflator for 1991.

GDP Deflator =

0

b)Determine the percentage growth of real GDP, rose (or fell) between 1981 and 1991.

Note: Enter only the magnitude of the growth rate (positive value).

Percentage Growth of Real GDP =

0

%

c)Calculate the real GDP for 1981.

Real GDP = $

0

d)Calculate the real GDP for 1991.

Real GDP = $

0