Question: Using the table below and 2000 as the base year, compute the real GDP in 2019 and 2020 Year 2000 P 2019 2020 Q p

Using the table below and 2000 as the base year, compute the real GDP in 2019 and 2020 Year 2000 P 2019 2020 Q p Q P Q Grains 1 500 1.05 590 1 600 Shoes 5 300 10.50 210 10 200 Select one Oa The real GDP in 2019 is equal to 1,640 and the real GDP in 2020 is equal to 1,600 b. The real GDP in 2019 is equal to 1,600 and the real GDP in 2020 is equal to 3,675 c. The real GDP in 2019 is equal to 1,600 and the real GDP in 2020 is equal to 1,640 d. The real GDP in 2019 is equal to 3,500 and the real GDP in 2020 is equal to 3,675

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