Use the data in the Table below to answer the questions asked in a and b on each of the 3 variables for the US economy:

a. Calculate the annual changes in RGDP growth rates, unemployment rates and inflation rates in % for the years from Year 2007 through 2020 and show them in a new column next to each of the values of the three variables (a template of the table is given below).You may use excel spreadsheet for estimation as well.

Year-- Real GDP in 2012 Base Year prices--RGDP growth rate in %-- Unemployment Rate -- Change in U rate in %-- CPI Indices--Inflation rate in %

2006......................... 15,338.3 ................................................ - ..................................................4.4% .............................................. - ................................. 201.6 .............................-

2007.......................... 15,626.0................................................. ?................................................... 5.0%.............................................. ?....................................207.3............................ ?

2008...........................15,604.7...................................................?.....................................................7.3% ..............................................?.................................... 215.3............................ ?

2009........................... 15,208.8................................................ ?..................................................... 9.9%............................................. ?....................................214.53......................... ?

2010.............................15,598.8................................................ ?..................................................... 9.3%............................................. ?.................................... 218.05....................... ?

2011.............................. 15,840.7................................................. ?..................................................... 8.5%............................................. ?..................................... 224.93...................... ?

2012..............................16,197.0................................................... ?...................................................... 7.9%.............................................. ?..................................... 229.59...................... ?

2013............................ 16,495.4.................................................. ?...................................................... 6.7%.............................................. ?..................................... 232.96...................... ?

2014............................ 16,912.0.................................................... ?..................................................... 5.6%............................................... ?.................................... 236.74........................ ?

2015..............................17,432.2.................................................... ?..................................................... 5.0%............................................... ?......................................237.02........................ ?

2016............................... 17,730.5.................................................. ?..................................................... 4.7%................................................ ?..................................... 240.01....................... ?

2017................................18,144.1..................................................... ?...................................................... 4.1%................................................. ?..................................... 245.12........................ ?

2018............................... 18,687.8.................................................. ?...................................................... 3.9%............................................... ?....................................... 251.11......................... ?

2019.................................19,091.7................................................... ?....................................................... 3.5%............................................... ?....................................... 255.66.................... ?

2020.................................18,426.1.................................................. ?........................................................ 8.1%............................................... ?........................................ 258.81..................... ?

b. Illustrate the values you have estimated in answer to Q1a in a single graph or you may graph in three separate diagrams for three variables for those years of economic performance.

c. Based on those calculations, briefly analyze the overall economic performance over the last 14 years (2007-2020) and critically predict about these three macroeconomic variables for 2021-22.

Note: please make sure you take into account of the sudden economic downturn in 2020 amid COVIOD-19 Pandemic crisis in your prediction and its subsequent recovery in 2021. In another words, while predicting the trend for 2021-2022 (based on the growth rates and trend you estimated in the table above), it is imperative to observe the most recent data on these three variables.