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25. The following table contains information about an economy that produces only pens and books. The base year is 2003 Year Price of pens Quantity

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25. The following table contains information about an economy that produces only pens and books. The base year is 2003 Year Price of pens Quantity of pens Price of books Quantity of books 2003 $3 100 50 2004 3 120 12 70 2005 4 120 14 70 $10 a b. none of these answers $800 $1,200 $1,460 $1,060 d 26. The following table contains information about an economy that produces only pens and books. The base year is 2003. Year Price of pens Quantity of pens Price of books Quantity of books 2003 $3 100 $10 50 2004 3 120 12 70 2005 4 120 14 70 I a. What is the value of real GDP for 2004? $800 $1,060 C. $1,460 $1,200 none of these answers e

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