The following table shows nominal GDP and an appropriate price index for a group of selected years. Compute nominal GDP, price index (2012=100), population, and real GDP. Indicate in each calculation whether you are inflating or deflating the nominal GDP data.

col 1	col 2	col3	col4	col5	col6
	Billions $	Price Index	Billions$	Total Pop.	Real GDP
Year	Nominal GDP	2012=100	Real GDP	Population	Per capita
2010	14.992	96.11
2011	15.542	98.11
2012	16.197	100
2013	16.785	101.75
2014	17.522	103.86
2015	18.219	104.79
2016	18.707	105.93
2017	19.485	107.95
2018	20.500	110.38
2019	21.320	112.55
2020	22.174	114.76

a. Calculate and complete col 4 (show your calculations)

b. Research and complete col 5 for years 2010-2020 in millions of people ( ex. 233,300)

c. Calculate and complete col 6 (Real GDP per capita) in thousands of $ (ex. $16,225)

d What is the inflation rate between 2012 & 2020? explain What Year is the base Year? Why??

e. Calculate the growth rate in Nominal GDP between 2010 and 2020. Show your work

f. Calculate the growth rate in Real GDP between 2010 and 2020. Why is there such a difference between the answer you gave in (e) above and the answer in (f). (show your calculations)

g. Calculate the growth in Real GDP per Capita between 2012 and 2020. (Show your work)