Please address the following questions

Question 2 W Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to "Calculate," you must show how you arrived at your final answer. The countries of Chartless and Davinskia experienced the economic conditions in the tables below. Chartless Davinskia GDP Nominal GDP Nominal Year Population Year Population Deflator GDP Deflator GDP 100 $300 20 H 100 $200 5 2 130 $390 20 2 140 $700 10 (a) Calculate each of the following for Year 2. Show your work. (i) Real GDP per capita for Chartless (ii) Real GDP per capita for Davinskia (b) If Chartless and Davinskia have the same velocity of money in Year 2, which country must have the higher money supply in Year 2 ? Explain. (c) Calculate each of the following in Year 2. Show your work. (i) The inflation rate in Chartless (ii) The inflation rate in Davinskia (d) Based on your answer to part (c), if the nominal interest rate is the same for both nations in Year 2, which nation experiences the higher real interest rate in Year 2 ? Explain. (e) Based on your answer to part (c)(ii), if the expected inflation rate in Davinskia in Year 2 was 10%, what would be the effect on real GDP as the economy adjusts to its long-run equilibrium? Explain