(Solved): Using a New Base Year to Calculate Real GDP and Inflation. Using the data from the table below, an ...

Using a New Base Year to Calculate Real GDP and Inflation. Using the data from the table below, answer the following questions using 2012 prices. Real GDP in 2011 using 2012 prices is $$\$$$. (Enter your response as an integer.) Real GDP in 2012 using 2012 prices is $$\$$$. (Enter your response as an integer.) Real GDP grew by percent. (Enter your response rounded to two decimal places.) The price index for GDP for 2012 using 2012 as the base year is (Enter your response rounded to two decimal places.) Prices increased by percent. (Enter your response rounded to two decimal places.)