Please answer this 4 questions. Only need answers.

Question 10 2.5 pts Nominal GDP of country B grows from $32 billion to $36 billion between 2016 and 2017. Suppose inflation rate is 3% and population growth rate is 1.5%. Calculate the economic growth rate between 2016 and 2017. Answer: The economic growth rate = %Question 11 2.5 pts Suppose real GDP per ca pita doubles in 5 1yea rs. Annual population growth rate = 2%. Annual ination rate = 1.5%. Calculate the approximate annual growth rate of nominal GDP. (Round your answer to the nearest 1 decimal place} Answer: Annual growth rate of nominal GDP = Question 3 2.5 pts On the balance sheet of Bank E, it has $300 million of deposits as a liability. Suppose Bank E has $80 million of reserve. Given that rr = 20%, what is the maximum amount of money that Bank E can lend out? Answer: Bank E can lend out at most $ _________ million Question 9 2.5 pts Suppose rr = 10%, you deposit $400 into a bank. What is the maximum amount of new money created for the economy from your deposit via the money multiplying effect? Answer: The maximum amount of new money created = $