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7. The table below shows the production of goods and services for country ABC; Year Price of Quantity of Price of Chicken Quantity of Chicken

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7. The table below shows the production of goods and services for country ABC; Year Price of Quantity of Price of Chicken Quantity of Chicken Fish Balls Fish Balls Sausages Sausages 2006 20 cent 100 50 cent 40 2007 40 cent 150 75 cent 80 2008 60 cent 200 RM1.00 120 a. Calculate Nominal GDP for year 2006-2008. b. Calculate Real GDP for year 2006-2008. Let's assume that the base year is 2006. C. Calculate economic growth between year 2007-2008

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