Question: ( 1 0 pts ) Consider the data in the following table, which represents the total production of the country Byzantium, a country that produces
pts Consider the data in the following table, which represents the total production of the country Byzantium, a
country that produces only consumer goods.
a Calculate real GDP for all three years, using as the base year. Show your work.
b pts Calculate the consumer price index CPI using as the base year. Identify whether there was
inflation from the previous year. Show your work.
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