. Calcul a te the annual real GDP for the period 2009 to 2014 2. Calculate the annual real growth rate of output for the period 2009 to 2014 3. Calculate the inflation rate for the period 2009 to 2014

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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) Draw the table below in your answer booklet ai1d fill in columns'4, 5 and 6 to answer parts (i, ii, iii below) .

Table: macroeconomic data for J(enya f'rom 2009-2014

Year

Nominal  GDP

GDP Deflator

Real GDP

Real growth               of

output

Inflation rate

2009

72923.06 787

100.00

 

 

 

20 i.O

78587.49261

102.09

 

 

 

2011

89954.66291

113.11

 

 

 

2012

1001.61.0889

123.72

 

 

 

2013

108273.9543

129.97

 

 

 

20]4

119421.4024

139.75

 

 

 

 1. Calcul a te the annual real GDP for the period 2009 to 2014

2. Calculate the annual real growth rate of output for the period 2009 to 2014

3. Calculate the inflation rate for the period 2009 to 2014

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