CUI and Inflation Practice Problems m1 Fill in blanks in table hielas Using year 1 as our base year, using dhe formula above to calculite the index for each year Year 1 Index - (base year) Year 2 Index Yeur 3 Index = Calculate the inflation rate on a percentage basis for the following: Hnt: formula = [(Ending index-Beginning index)/Beginsing Index] 100 Year I to Year 2 : Year l to Year 3: Year 2 to Year 3 : A. What is REAL GDP in Year 3 ? B. What is REAL GDP in Year 4?.