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An economy produces only fun and food. The table shows the prices and the quantities of fun
and food produced in 2020 and 2021 . The base year is 2020. Calculate nominal GDP in 2020
and 2021. Nominal GDP in 2020 is $

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An economy produces only fun and food- The table shows the prices and.pdf

  • 1. An economy produces only fun and food. The table shows the prices and the quantities of fun and food produced in 2020 and 2021 . The base year is 2020. Calculate nominal GDP in 2020 and 2021. Nominal GDP in 2020 is $