Question: Question 3 [12 points] Suppose that in 1990 the total output in a single-good economy was 27,843 computers. Also suppose that in 1990 each computer

Question 3 [12 points] Suppose that in 1990 the total output in a single-good economy was 27,843 computers. Also suppose that in 1990 each computer was priced at $1,080. Finally, assume that in 1992 the price per computer was $1,577 and that 6,423 were purchased. or each of the following parts, assume that 1990 is the base year. Note: Please round your answers to two decimal places. a) Determine the GDP Deflator for 1992. GDP Deflator = 0 b) Determine the percentage growth of real GDP, rose (or fell) between 1990 and 1992. Note: Enter only the magnitude of the growth rate (positive value). Percentage Growth of Real GDP = 0% c) Calculate the real GDP for 1990. Real GDP = $0 d) Calculate the real GDP for 1992. Real GDP = $0

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