The base year is 2016. Calculate real GDP in 2016 and 2017. Use the table, which shows
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Use the table, which shows an economys total production and the prices of the final goods it produced in 2016 and 2017,
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GDP data for 2016 Quantity Item Price Fish 100 $2 Berries 50 $6 GDP data for 2017 Item Quantity Price Fish 75 $5 $10 Berries 65
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