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Below is a table indicating the production of three goods over three years and the average prices in a particular limited economy. Use this for
Below is a table indicating the production of three goods over three years and the average prices in a particular limited economy. Use this for questions 66 - 73. (write the values down for calculations in other questions) 2012 2014 = 100 CPI 2016 Price Quantity Price Quantity Price Quantity Pizzas $10 500 $12 600 $16 300 TVs $500 20 $400 40 $200 80 Daycare $100 80 $100 90 $150 50 What is nominal GDP for 2016
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