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An economy produces only apples and oranges. The base year is?2019, and the table gives the quantities produced and the prices. Calculate the?chained-dollar real GDP

An economy produces only apples and oranges. The

base year is?2019, and the table gives the quantities

produced and the prices.

Calculate the?chained-dollar real GDP in 2020 expressed in 2019 dollars.

image text in transcribed
An economy produces only apples and oranges. The base year is 2019, and the table gives the quantities produced and the prices. Calculate the chained-dollar real GDP in 2020 expressed in 2019 dollars. The chainedoollar real GDP in 2020 expressed in 2019 dollars is $D. >>> Answer with a whole number. Quantities Apples Oranges Prices Apples Oranges 201 9 125 500 2019 $1.20 $0.80 2020 150 800 2020 $1.?0 $2.50

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