Suppose now we want to know the real GNP of Kenya for the period 2017-2018. Nominal GNP 2017-2018 Ksh. 4.2 Trillion, the CPI for the year is given as 245 (with the base year price index of 100). Calculate the GNP deflator. [2 Marks]. SHOW WORKINGS.
Suppose now our nominal GDP was Ksh. 4.3 Trillion and real GNP is Ksh. 3.8 Trillion. Derive the GNP implicit deflator. [2 Marks].

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