Canvas X X O Q Cheese Chocolate Cake Year Price Quantity Price Quantity Price Quantity Year 1 $2 100 $4 20 $10 50 Year 2 $1.50 120 $3 30 $9 65 Year 3 $2.50 110 $4 30 $9 60 1. Calculate nominal GDP of each year for this economy. 2. Calculate real GDP of each year for this economy. (Base year is Year 3) Year Nominal GDP Real GDP Year 1 Year 2 $ Year 3 $ $