Consider the following graphs in your answers

Consider the following graphs in your answers. 2020 Y 1. 2021 942. P Q Textbooks 4 600 Basketball Games 20 10 30 11 Concerts 15 50 20 Patents 7 100 5 120 (a) Suppose the above. What is the growth rate using year 1 as the base year? What is the growth rate using economy produces resources according to the schedule year 2 as the base year? (b) Why is real GDP a better measure than nominal GDP in determining productivity? Why is real GDP per capita a better measure than real GDP in determining citizens' wellbeing? What are some shortcomings of using real GDP per capita as a measure for standard of living?