Year Quantity Price Quantity Price of Food of of of Food Energy Energy 2018 800 $5 1000 $10 2019 850 $6 1100 $12 2020 850 $7 1200 $14 Economists estimate that the average person in this economy consumes 12 units of food, 20 units of energy, and 2 units of shelter over the relevant period. 2018 is the base year. 1. Carefully following all numeric instructions, calculate real GDP for 2020. 2. Carefully following all numeric instructions, calculate nominal GDP for 2019. 3. Using the GDP deflator, the inflation rate between 2018 and 2019 forthis nation is _______ percent. (Enter your answer "as a percent, but without the percentage sign." lfyou think the inflation rate is 99.99 percent, enter only 99.99 in the blank.) 4. Carefully following all numeric instructions, calculate the GDP deflator for 2020. Quantity Price of of Shelter Shelter 200 $100 240 $100 300 $100