A simple economy produces two$$ goods,

Corn BreadCorn$$Bread

and

Computer GamesComputer$$Games$.$

Price and quantity data are as$$ follows:

Production and Prices in Year $1($Base year$)$

Product

Quantity

Price Per Unit

Corn BreadCorn$$Bread

$115115$

$$$$2\mathrm{.}002\mathrm{.}00$

Computer GamesComputer$$Games

$850850$

$$$$35\mathrm{.}0035\mathrm{.}00$

Production and Prices in Year $2$

Product

Quantity

Price Per Unit

Corn BreadCorn$$Bread

$143\mathrm{.}75143\mathrm{.}75$

$$$$3\mathrm{.}003\mathrm{.}00$

Computer GamesComputer$$Games

$1$ comma $275\mathrm{.}001,275\mathrm{.}00$

$$$$70\mathrm{.}0070\mathrm{.}00$

Part $2$

In Year$2,$ nominal GDP is equal$$ to:

$$$enter your response here$,$

and real GDP is

$$$enter your response here

$($enter

both responses rounded to the nearest

penny$).$