Question: Calculate Real GDP for each year, using 2016 as the Base Year: Instructions: Enter your answer as a whole dollar amount. a.) 2015 Real GDP

 Calculate Real GDP for each year, using2016as the Base Year:Instructions:Enter your

Calculate Real GDP for each year, using2016as the Base Year:

Instructions:Enter your answer as a whole dollar amount.

a.) 2015 Real GDP = $

b.) 2016 Real GDP = $

c.) 2017 Real GDP = $

answer as a whole dollar amount.a.) 2015 Real GDP = $b.) 2016

The following table has production and prices for Pangea for three years: Product 2015 2015 2016 2016 2017 2017 output prices output prices output prices Coffee mugs 800 $ 10.00 900 9.00 1000 $ 15.00 Burgers 500 8.00 600 9.00 500 EA 10.00 Aspirin bottles 450 $ 4.00 500 $ 5.00 550 $ 6.00 Calculate Real GDP for each year, using 2016 as the Base Year: Instructions: Enter your answer as a whole dollar amount. a.) 2015 Real GDP = $ b.) 2016 Real GDP = $ c.) 2017 Real GDP = $

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