Exercise 2 ( 3 points): Answer the following questions using the information of Table 1 : Table 1 Exports of goods and services, annual data (dollars 1,000,000 ) Seasonally adjusted at annual rates Seasanaria Source: Own calculations from Statistics Canada. Table 380-0064 - Gross domestic product, (dollars unless otherwise r Expressed in Index Numbers (base vear 2011) a. Calculate the equivalent index number (1 decimal) of the variable "Exports of goods and services" for 2011 to 2015 taking 2011 as base year (for both chained and current prices). Show your calculations and fill up the previous table with the index numbers you have calculated. Taking into account the index numbers for Exports of goods and services, explain how did this variable change over this time period for Canada? Can you say something about how prices changed in Canada during this period? Discuss your answer. c. Imagine that you would have information only for 2011 and 2015 . What would be the equivalent annual average growth rate (also called compound growth rate) for Exports of goods and services (current prices) between 2011 and 2015 ? Show the calculations. Exercise 2 ( 3 points): Answer the following questions using the information of Table 1 : Table 1 Exports of goods and services, annual data (dollars 1,000,000 ) Seasonally adjusted at annual rates Seasanaria Source: Own calculations from Statistics Canada. Table 380-0064 - Gross domestic product, (dollars unless otherwise r Expressed in Index Numbers (base vear 2011) a. Calculate the equivalent index number (1 decimal) of the variable "Exports of goods and services" for 2011 to 2015 taking 2011 as base year (for both chained and current prices). Show your calculations and fill up the previous table with the index numbers you have calculated. Taking into account the index numbers for Exports of goods and services, explain how did this variable change over this time period for Canada? Can you say something about how prices changed in Canada during this period? Discuss your answer. c. Imagine that you would have information only for 2011 and 2015 . What would be the equivalent annual average growth rate (also called compound growth rate) for Exports of goods and services (current prices) between 2011 and 2015 ? Show the calculations