whats the answer

For this exercise you will need to enter data from FRED for nominal gross domestic product (GDP) and real gross domestic product (GDPC1). Using the data from FRED, enter the values for the first quarter of 2025 (shown as 2025- 01-01 in FRED) for the for the following series IDs. (Enter your responses exactly as they appear in FRED.) Series ID Value GDP $ 30042.113 bil. (Billions of Dollars, Quarterly, Seasonally Adjusted [Annual Rate) GDPCT $ 23548.210 _ bil. of chained $ Given these values, the GDP deflator for this period is . (Round your response to the nearest two decimal places. Numbers only.) The GDP price deflator (Series ID: GDPDEF) for the first quarter of 2024 was 124.163. Using this value along with the index computed above gives a year-over-year rate of price inflation of percent. (Round your response to the nearest two decimal places. Numbers only.)