(2)The data below show the NOMINAL GDP (Y) and GDP deflator (P) for an economy over a five-year period. Year 1 4 750 780 796 829 892 130 133 135 136 141 (a)For this economy, compute the short term and long-term growth rates. (Round figures to 2 decimal points) (b)Find the average rate of inflation for the entire five-year period

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