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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 $

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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 $ 989 00 12 $ 707 00 16 Bananas $8.00 3.089 $12 00 1,418 Televisions $101 00 544 $159.00 286 Cookies $1.00 9,604 $2.00 9,086 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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