Question: please help mee The table below shows the price and quantities for nasi lemak and fried mee for 2018-2020. YEAR Price of nasi Quantity of

please help mee

The table below shows the price and quantities for nasi lemak and fried mee for 2018-2020. YEAR Price of nasi Quantity of Price of fried Quantity of lemak nasi lemak mee fried mee 2018 RM2 200 RM3 150 2019 RM3 250 RM4 200 2020 RM4 300 RM5 250 (a) Estimate the Nominal GDP for each year. (4.5 marks) YEAR Compute Nominal GDP 2018 2019 2020 (b) Estimate the real GDP for each year (base year = 2018). (4.5 marks) YEAR Compute Real GDP 2018 2019 2020 (c) Estimate the GDP deflator for each year (base year = 2018). (3 marks) YEAR Compute the GDP Deflator 2018 2019 2020 (d) Suppose that Malaysian citizens start saving more. What does this imply about the supply of loanable funds and the equilibrium real interest rate? What happens to the real exchange rate? (8 marks)

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