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AutoSave . Off H Document1 - Word Search shanay leary SL X File Home Insert Draw Design Layout References Mailings Review View Help Acrobat Share Comments Calibri (Body) V 11 ~ A" A Aa Ap AaBbCcDd AaBbCcDd AaBbCc AaBbCc[ Find Past Gc Replace BIU ab X X A LA 1 Normal 1 No Spac... Heading 1 Heading 2 Select Create and Share Request Dictate Editor Adobe PDF Signatures Clipboard Font Paragraph Styles Editing Adobe Acrobat Voice Editor 1 1 6 Consider an economy where everyone picks apples, bananas, or cherries. The prices and quantities picked of apples, bananas, and cherries for the years 2000, 2001, and 2002 are reported in the table below. Apples Bananas Cherries Year Price Quantity Price Quantity Price Quantitiv 2000 $10 100 $20 100 $35 200 2001 $11 103 $19 102 $35 200 2002 $12 104 $20 103 $36 206 What is nominal GDP in each of the years? Using the expenditure-share approach, what is the growth rate of the real GDP and inflation in each year? NOTE: Do not forget to update the expenditure share. Using the growth rates of real GDP you have just computed, what is real GDP in each of the years for GDP in (a) Base year 2000 and (b) base year 2002? Page 1 of 1 132 words X EO Focus - - + 100% Type here to search P w X 5:21 PM 5/24/2020