Calculate nominal GDP in 2015 and nominal GDP in 2016. TABLE 1 (a) In 2015: Item Bananas
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Calculate nominal GDP in 2015 and nominal GDP in 2016.
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TABLE 1 (a) In 2015: Item Bananas Coconuts (b) In 2016: Item Bananas Coconuts Quantity 100 50 Price $10 $12 Quantity Price 110 $15 60 $10
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