Question-1: Use the data from below table and calculate nominal GDP for each year. Calculate real GDP for each year using Year 2006 as the base year.

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Question-1: Use the data from below table and calculate nominal GDP for each year. Calculate real GDP for each year using Year 2006 as the base year. \"-u- ----nn Question-2: In each of the following cases, determine how much GDP and each of its components is affected (if at all). i. Rabia spends $200 to buy her husband dinner at the finest restaurant in Karachi. ii. Sarah spends $1800 on a new laptop to use in her publishing business. The laptop was built in iii. Sadia spends $1200 on a computer to use in her editing business. She got last year's model on sale for a great price from a local manufacturer. iv. General Motors builds $500 million worth of cars, but consumers only buy $470 million worth of them. Question- 3: Use the data from below table: i. Compute nominal GDP in 2014. ii. Compute real GDP in 2015. iii. Compute the GDP deflator in 2016