A simple economy produces twogoods, PumpkinPies and VideoGames. Price and quantity data are asfollows:

Production and Prices in Year 1(Base year)

Product

Quantity

Price Per Unit

PumpkinPies

130

$1.00

VideoGames

800

$30.00

Production and Prices in Year 2

Product

Quantity

Price Per Unit

PumpkinPies

162.50

$1.50

VideoGames

1,200.00

$60.00

In Year2, nominal GDP is equalto: $

, and real GDP is $

(enter both responses rounded to the nearest penny).