Question: In the table for Problem 8-12, if 2014 is the base year, what is the price index for 2013? (Round decimal fractions to the nearest

In the table for Problem 8-12, if 2014 is the base year, what is the price index for 2013? (Round decimal fractions to the nearest tenth)
In problem 8-12

Assuming a 2014 base year:
What is nominal GDP for 2013 and 2014?
What is real GDP for 2013 and 2014?

2014 Good Computers $1,000 Bananas Televisions 100 Cookies Price Quantity Price Quantity 15 111.000 300 2 10,000 10 $800 6 3,000 500 1 10,000 150

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