Calculating Real v. Nominal GDP Plus Circular Flow & the Expenditure Approach

?Causation: Use the table to calculate real or nominal GDP for Teenutopia:

Year Qty. Shoes Price per pair of Produced (in Qty. of Cell shoes: Price per cell Phones pairs) : phone: Produced: 2011 6,000 $85.00 10,000 $199.00 2012 6,500 $89.00 15,000 $249.00 2013 7,200 $94.00 20,000 $299.00