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(A) Consider an economy that produces the following goods. Fish quantity:960 Fish price: 14 Coconut quantity: 868 Coconut price: 9 What is nominal GDP? (B)

(A) Consider an economy that produces the following goods.

Fish quantity:960

Fish price: 14

Coconut quantity: 868

Coconut price: 9

What is nominal GDP?

(B) If NGDP is 1,028 in 2010 and 1,183 in 2011, what is the growth rate.

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