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Given the following data, calculate real GDP for 2016. Use 2015 as the base year. Bread Olive oil Red wine Price Quantity Price Quantity Price

image text in transcribed Given the following data, calculate real GDP for 2016. Use 2015 as the base year. Bread Olive oil Red wine Price Quantity Price Quantity Price Quantity 2015 $10 10 $5 12 $15 10 10 2016 $11 11 $6 12 2017 $12 12 $6 15 25 $15 12 $16 11 OA. Real GDP $365 OB. Real GDP = $350 OC. Real GDP = $360 OD. Real GDP = $332 OE. Real GDP = $332 Reset Selection

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