The economy of Turista produces only two products, protein bars and snowboards. In 2019 it produced...

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The economy of Turista produces only two products, protein bars and snowboards. In 2019 it produced 23 million protein bars and 108,000 snowboards. In 2020, production of protein bars rose to 26 million, and snowboards to 121,000. a. If the price of protein bars rose from $2.50 to $2.80 over this period, while the price of snowboards rose from $270 to $300, fill in the table below. Round your answers to two decimal places. Quantity million 2019 Price ($) Nominal GDP ($) million million million Quantity million Price ($) Protein bars Snowboards Total b. What is the value of nominal GDP for Turista in 2019, and, what are the values of its nominal and real GDP in 2020? The value of nominal GDP in 2019 is $ 1 million. The value of nominal GDP in 2020 is $ million and real GDP in 2020 is $ million. 2020 Nominal GDP ($) million million. million Price ($) 2019 Real GDP ($) million million million The economy of Turista produces only two products, protein bars and snowboards. In 2019 it produced 23 million protein bars and 108,000 snowboards. In 2020, production of protein bars rose to 26 million, and snowboards to 121,000. a. If the price of protein bars rose from $2.50 to $2.80 over this period, while the price of snowboards rose from $270 to $300, fill in the table below. Round your answers to two decimal places. Quantity million 2019 Price ($) Nominal GDP ($) million million million Quantity million Price ($) Protein bars Snowboards Total b. What is the value of nominal GDP for Turista in 2019, and, what are the values of its nominal and real GDP in 2020? The value of nominal GDP in 2019 is $ 1 million. The value of nominal GDP in 2020 is $ million and real GDP in 2020 is $ million. 2020 Nominal GDP ($) million million. million Price ($) 2019 Real GDP ($) million million million

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a 2019 Protein bars Quantity 23 million Price in 2019 250 GDP from protein bars Quantity x Price 23 ... View the full answer