c) What is the 3019 price of horses in 3015 marks? Show all your work.

d) Which goods are priced lower in real terms in 3018 than in 3015? Show all your work

. e) Calculate nominal GDP and real GDP for each year 3015 through 3019 (base year of 3015)? Show all your work. Go to one decimal place for your answers.

Rohan Market 3015 3016 3017 3018 3019 Basket Price 3015 Price 3016 Price 3017 Price 3018 Price 3019 Good (marks) Quantity (marks) Quantity (marks) Quantity (marks) Quantity (marks) Quantity War Horse $100.00 2 $105.00 2 $106.00 2 $110.00 3 $120.00 3 Armor $20.00 $21.00 $22.00 $23.00 2 $28.00 Helm $5.00 $5.50 $6.00 $6.50 $8.00 Sword $15.00 1 $16.00 $17.00 2 $18.00 $22.00 Spear $10.00 $10.50 $11.00 $10.50 $15.00 Saddle $15.00 IN $15.00 2 $15.00 2 $15.00 3 $15.00 3 Bridle $5.00 2 $5.00 2 $5.00 2 $5.00 3 $5.00 3 $1.50/ 15 $2.00/ 17 $2.50/ 16 $3.00/ 18 $3.50/ 20 Hay bale bales bale bales bale bales bale bales bale bales $2.50/ $3.50/ $4.50/ $5.50/ $7.50/ Oats bushel 5 bushels bushel 4 bushels bushel 5 bushels bushel 6 bushels bushel 4 bushels $50.00 1 $48.00/ $46.00/ $44.00/ $44.00/ 2 Stabling year year year year year year year year year year Vet $50.00 1 $50.00/ 3 $50.00/ 3 $50.00/ 2 $50.00/ Services year year year year year year year year year year