1) Suppose the GDP deflator is 167 and NGDP is 187,450, how much is RGDP?

112,246
2) If NGDP is 13,700 and RGDP is 12,400, then the GDP deflator is ? 110.5
3) If the CPI is 120 and the market basket cost of the base year is 10,000, then the market basket cost of the currrent year is ________ 12,200

Prices
BASKET ITEMS QTY Yo- base Y1 Y2
Rice 1,000 46 50 51
Fish 550 240 270 280
Meat 370 310 320 330

Compute for :
1. Market basket cost of each year Y0= 292,700 Y1= 316,900 Y2= 327,100
2. CPI of Y1 and Y2 Y1= 108.26 Y2= 111.75
3. Inflation rate from Y1 to Y2 Y1=8.27% to Y2= 3.21%
Y0 Y1
GDP accounts Q P Q P
Beverages (liters) 4,500,000 8 5,000,000 10
Energy (Kwh) 1,300,600 6 1,400,000 8
rice (sacks) 1,250,000 890 1,300,000 1000
meat (kilos) 450,000 300 500,000 320
fish (kilos) 580,000 280 600,000 300
Compute for:
1. NGDP y1 1,701,200,000
2. RGDP Y1 1,523,400,000
3. GDP Deflator Y1 111.67
4. Inflation rate from Y0 to Y1 11.67%