3. The nation of Potchatoonie produces hockey pucks, cases of root beer, and sandals. The following table provides prices and quantities of the three goods
3. The nation of Potchatoonie produces hockey pucks, cases of root beer, and sandals. The following table provides prices and quantities of the three goods in the years 2011 and 2014. Pucks Root Beer Sandals Year Quantity Price Quantity Price Quantity Price 2017 100 $5 300 $20 100 $20 2021 125 $7 250 $20 110 $25 Assuming 2017 is the base year, find nominal GDP and real GDP for both years
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