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1) The following table contains production data for a developing country. Only two goods are produced: x and y. Use the data to answer the
1) The following table contains production data for a developing country. Only two goods are produced: x and y. Use the data to answer the questions below. \"-_-_-_-_ \"-_-_-_-_ 1) The following table contains production data for a developing country. Only two goods are produced: x and y. Use the data to answer the questions below. Year 1999 2000 2001 2002 Goods Price Quantity Price Quantity Price Quantity Price Quantity X 3.50 50 3.25 50 3.75 52 3.80 53 y 10.00 100 9.75 100 10.00 102 10.25 105 Calculate the following values. Year NGDP % Change NGDP From Previous Year 1999 2000 2001 2002b) Assume 2001 is the base year, calculate the following values. Year RGDP % Change RGDP From Previous Year 1999 2000 2001 2002
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