Consider a simple economy that produces two goods: pencils and oranges. The following table shows the prices and quantities of the goods over a three-year period. Pencils Oranges Price Quantity Price Quantity Year ( Dollars per pencil) (Number of pencils) (Dollars per orange) (Number of oranges) 2016 N 115 175 2017 150 N 180 2018 100 2 160 Use the information from the preceding table to fill in the following table. Nominal GDP Real GDP Year (Dollars) (Base year 2016, dollars) GDP Deflator 2016 2017 2018