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Assign ment-1 Course: ECO 102 1) Tropical Republic produces only bananas and coconuts. The base year is 2010, and the table gives the quantities produced

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Assign ment-1 Course: ECO 102 1) Tropical Republic produces only bananas and coconuts. The base year is 2010, and the table gives the quantities produced and the prices. Quantities 2010 2011 Bananas 800 bunches 900 bunches Coconuts 400 bunches 500 bunches Prices 2010 2011 Bananas $2 a bunch $4 a bunch Coconuts $10 a bunch $5 a bunch a) Calculate nominal GDP in 2010 and 2011

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