How we find real GDP in 2003 is 250 ?

Principles of Macroeconomics 0605-102 Item Quantity Price 2002 Step 4. 'S Because we're calculating real GDP Balls 100 $1.00 in 2003 at 2002 prices, step 4 is S completed! Bats 20 $5.00 Real GDP in 2002 is $200 Real GDP in 2003 is $250 2003 Balls 160 $0.50 100 x 1 +20 x 5 = 205 Bats 22 $22.50