Problem
1. Describe the GDP deflator and the personal consumption expenditure deflator.
2. What is the consumer price index, who calculates it, and how is it calculated and used to measure the inflation rate?
3. What does the unemployment rate measure, who calculates it, and how is it calculated?
4. Explain the differences between nominal and real interest rates and between ex ante and ex post real interest rates.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.