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laecon1.lyryx.com C eConcordia - Introduction to M... https://www.econcordia.com/ou... Principles of Macroeconomics... https://laecon1.lyryx.com/textb... 1) ~ Lyryx Learning Inc 1) ~ Lyryx Learning Inc.pdf Econ 203 | Chegg.com lyryx Print Preferences Help Lab 1 (Question 1) Name: Ahmed Alqadasi Date: 2020-09-27 Question 1 [21 points] There are two industries in this economy, producing product A and product B. Provided in the table below are the quantities produced and the price per unit for 3 different years. Considering Year 1 as the base year, fill in the blanks in the following table. Note: For the GDP Deflator entries, please round all answers to 1 decimal place. Year 1 Year 2 Year 3 Quantity of A (units) 27 18 26 Quantity of B (units) 4 4 Price of A ($/unit) 8 7 3 Price of B ($/unit) 18 26 22 Nominal output value of A ($) 0 Nominal output value of B ($) 0 Total nominal economy output ($) 0 Real output value of A ($) Real output value of B ($) Total real economy output ($) GDP deflator oo oo oooo OOO ooo ooo O Official Time: 18:21:52 SUBMIT AND MARK SAVE AND CLOSE