(a) Compute real GDP for 2013 using average prices of

(a) Compute real GDP for 2013 using average prices of 2000 as the base year. (On the insidecovers of this book you’ll find data for GDP and the GDP “price deflator” used to measure inflation.)

(b) By how much did real GDP increase between 2000 and 2013?

(c) By how much did nominal GDP increase between 2000 and 2013?