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- Yea r Price Quantity Price Quantity Price Quantity ______ The rate of growth of nominal GDP from 2012 to 2013 : percent The rate

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- Yea r Price Quantity Price Quantity Price Quantity ______ The rate of growth of nominal GDP from 2012 to 2013 : percent The rate of growth of real GDP from 2012 to 2013 : percent The rate of growth of GDP deator from 2012 to 2013 : percent Do not include the % signs in your answers. Do you see any (approximate) relationship between these three growth rates? HS 13 2020 Price per Unit Price per Unit Quantity Achacha $5.00 11 $8.75 - 15 n Dandelion Greens $8.00 18 The residents of a small island country consume only four products listed in the above table. Strangely enough, they also use dollars for their transactions. They hire you to construct a CPI index for them. As the highrpriced consultant, you decide to make 1984 the base year. So, you calculate the following numbers for these peacerloving people: CPI in 1984 I CPI in 2020

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