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Consider the following table for the economy of a nation whose residents produce four final goods: 2022 2023 Good Price Quantity Price Quantity Computers $1,011.00

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Consider the following table for the economy of a nation whose residents produce four final goods: 2022 2023 Good Price Quantity Price Quantity Computers $1,011.00 12 $ 877.00 14 Bananas $4.00 2,955 $11.00 1,257 Televisions $110.00 535 $144.00 331 Cookies $1.00 10,189 $2.00 10,084 a. Assume 2023 as the base year. Calculate nominal GDP for 2022. $ Calculate nominal GDP for 2023. $ b. Assume 2023 as the base year. Calculate real GDP for 2022. $ Calculate real GDP for 2023. $

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