Question: Help please Like basic explaining Suppose a country produces only textbooks. Using the info in the table below answer the following questions. Year Quantity Price

Help please Like basic explaining

Suppose a country produces only textbooks. Using the info in the table below answer the following questions. Year Quantity Price Price Index 2009 375 $208 100 2010 405 $220 2011 420 $260 2012 450 $280 1. What is the price index for year 2011 (only answer for this year). 2. What is the nominal and real GDP for year 2011 (only answer for this year). 3. If nominal GDP doubled since last year, but the quantity produced stayed the same, what would happen to the Real GDP for those two years

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