The following dta shows the national income accounting for a given country for a given year Calculate: GDP Calculate: rents and PI, (must show all calculations) Use the hand-out table Assume the following table shows the basket of goods and services. Assume base is 1990;calculate CPI for 1970, 1990 and 2005 Consider the following information, use the CPI from part three, and assume base is 1990 Complete the table Calculate percentage change of Nominal GDP from 1970 to 2005 Calculate percentage change of Nominal GDP from 1970 to 2005 Explain the difference. The following dta shows the national income accounting for a given country for a given year Calculate: GDP Calculate: rents and PI, (must show all calculations) Use the hand-out table Assume the following table shows the basket of goods and services. Assume base is 1990;calculate CPI for 1970, 1990 and 2005 Consider the following information, use the CPI from part three, and assume base is 1990 Complete the table Calculate percentage change of Nominal GDP from 1970 to 2005 Calculate percentage change of Nominal GDP from 1970 to 2005 Explain the difference