Suppose that in 1994 the total output in a single-good economy was 7,000 buckets of chicken. Also suppose that in 1994 each bucket of chicken was priced at $10. Finally, assume that in 2015 the price per bucket of chicken was $16 and that 22,000 buckets were produced. Determine the GDP price index for 1994, using 2015 as the base year. By what percentage did the price level, as measured by this index, rise between 1994 and 2015? What were the amounts of real GDP in 1994 and 2015?