Question: good day i need help with this homework question. Consider the following production information of a hypothetical economy. This economy only produces two goods, cellphones

good day i need help with this homework question.

Consider the following production information of a hypothetical economy. This economy only produces two goods, cellphones and pineapples. 2020 2021 (Base year) Product Quantity Price Quantity Price Cellphones 100 R5 000 120 R6 000 Pineapples 700 R10 800 R12 1.1 Calculate this economy's nominal GDP for 2020 and 2021. (6 Marks) 1.2 Calculate this economy's real GDP for 2020 and 2021. (6 Marks) 1.3 Calculate the real economic growth rate for this economy for the period 2020 to 2021

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