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20. Calculate the real GDP for Year 2 from the following data. Year 1 is the base year. Show all work. Year Quantity of Output

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20. Calculate the real GDP for Year 2 from the following data. Year 1 is the base year. Show all work. Year Quantity of Output Price of wheat Price Index 10 $10 1.00 2 12 20 2.00 3 11 30 3.00 20 40 4.00 21. From the above data briefly describe the real economy in the Year 3

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