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II. CALCULATE NGDP/RGDP YEAR P Soda Q Soda P Jeans Q Jeans 2014 $1.00 200 $30 50 2015 $1.00 220 $35 53 1. What is
II. CALCULATE NGDP/RGDP YEAR P Soda Q Soda P Jeans Q Jeans 2014 $1.00 200 $30 50 2015 $1.00 220 $35 53 1. What is the Nominal GDP in 2014? 2. What is the Nominal GDP in 2015? 3. What is Real GDP in 2014? 4. What is Real GDP in 2015
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