Q 1.Use the GDP deflator Canvas Handout to work this problem. If a country’s nominal GDP in 1975 was $1.4 Trillion, then real GDP was $             Trillion. (the answer is rounded to 2 decimal places). 2.The unemployment rate in a town in which 65,400 persons are employed and 11,000 are unemployed equals: 3.Consider the following information: Total unemployment: 11% Natural unemployment: 5%: Structural unemployment 1% Given these facts, frictional unemployment is                               4.Use the handout on CPI and GDP Indexes to calculate this question. A movie ticket cost $1.75 in 1971, is equivalent to $           in 2019

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