I’m having trouble figuring nominal GDP and real GDP for the following:
Base:
Bread: 110 qty $1.00 PPU
Tech Manuals: 700 qty $30.00 PPU
2nd Year
Bread: 137.50 qty $1.50 PPU
Tech Manuals: 1,050.00 qty $60.00 PPU
I’m having trouble figuring nominal GDP and real GDP for the following:
Base:
Bread: 110 qty $1.00 PPU
Tech Manuals: 700 qty $30.00 PPU
2nd Year
Bread: 137.50 qty $1.50 PPU
Tech Manuals: 1,050.00 qty $60.00 PPU
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