ETAR FINAL EXAM

PART II: COMPUTATION

Find the value of nominal & real GDP, GDP, deflator and growth rate using the
hypothetical data below:

Prices and Quantities

Quantity Quantity
Price of Price of Quantity Price of
Year of of
mangoes bananas of bananas coconuts
mangoes coconuts
2018 PhP70/kilo 350 kilos PhP45/kilo 500 kilos PhP25/piece 720 pieces
1030
2019 PhP85/kilo 250 kilos PhP50/kilo 700 kilos PhP30/piece
pieces
1000
2020 PhP85/kilo 500 kilos PhP55/kilo 830 kilos PhP35/piece
pieces
1050
2021 PhP95/kilo 650 kilos PhP65/kilo 900 kilos PhP35/piece
pieces
Calculate the Nominal GDP
2018
2019
2020
2021
Calculate the Real GDP (use the base year 2018)
2018
2019
2020
2021
Calculate the GDP deflator
2018
2019
2020
2021
Calculate the growth rate (use the RGDP: GDP2-GDP1
GDP1)
2019
2020
2021