a. The overall price level increased 50% from the year 2018 to 2019 in the country, and the price index is 100 in 2018, what is the value of price index in 2019?  3. b. Calculate the nominal and real GDP in 2018 and 2019 by taking 2018 as base year. 3 c. Take 2019 as base year instead of 2018 and calculate the real GDP for 2018. Is the real GDP of the 2018 changes? Why? Country Name Year Exports  Consumption   Investment  Net Exports Government Expenditure Imports Cambodia 2018 61.315 75.209 23.341 -1.699 4.904 63.014 Cambodia 2019 67.209 81.655 26.660 -1.512 5.288 68.721

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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a. The overall price level increased 50% from the year 2018 to 2019 in the country, and the price index is 100 in 2018, what is the value of price index in 2019? 
3. b. Calculate the nominal and real GDP in 2018 and 2019 by taking 2018 as base year.
3 c. Take 2019 as base year instead of 2018 and calculate the real GDP for 2018. Is the real GDP of the 2018 changes? Why?

Country Name Year Exports  Consumption   Investment  Net Exports Government Expenditure Imports
Cambodia 2018 61.315 75.209 23.341 -1.699 4.904 63.014
Cambodia 2019 67.209 81.655 26.660 -1.512 5.288 68.721
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