Question: Question 2: Answer the following questions from the given Table below which contains data for Saudi Arabia for the year 2020. (10 Marks) Production and

Question 2: Answer the following questions from the given Table below

Question 2: Answer the following questions from the given Table below which contains data for Saudi Arabia for the year 2020. (10 Marks) Production and Price Statistics for 2020 Product Quantity Price per unit in 2020 Market value Price per unit in 2018 (In Riyals) in 2020 (In Riyals) Mineral Fuels (Petrol) 500 barrels 70 50 Plastics 3000 mils 2.15 3.15 442 ft? 24 25 Aluminum Fertilizer 455 kg 2.25 2.00 560 kg 70 65 Honey Wheat 344 kg 1.50 1.00 288 pcs 175 125 Bicycle Tires of bicycle Furniture 2.30 2.10 500 pcs 440 pcs 1035 pcs 2330 2000 Wood 23.70 13.70 a. Complete the fourth column (market value) of the above table. b. Identify final and intermediate goods. c. Calculate Saudi Arabia's nominal GDP in 2020. d. Calculate Saudi Arabia's real GDP in 2020

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