Question: please solveeee 2015 20115 2017 P Q P Q P Q Onion 1,2 400 1,5 600 2,5 400 Tomato 1 320 2,5 200 4 400

please solveeee

please solveeee 2015 20115 2017 P Q P Q P Q Onion

2015 20115 2017 P Q P Q P Q Onion 1,2 400 1,5 600 2,5 400 Tomato 1 320 2,5 200 4 400 PeEper 4 50 12 50 14 50 Assumethat there are only 3 goods produced in the economy. As seen in the table above, price(P) and quantity(Q) of goods are given for each year. Base year is 2016. Accordingto this, Calculate nominal GDP for each year. (10p) Calculate real GDP for each yea r.(10p) Calculate the growth rate for the yea rs 2016 and 2017.(10p) Calculate the inflation in 2016 and 2017 by using GDP deflator.(10p)

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