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Imagine that the United States produces only three goods: apples, bananas, and carrots. The quantities produced and the prices of the three goods are listed

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Imagine that the United States produces only three goods: apples, bananas, and carrots. The quantities produced and the prices of the three goods are listed below: Quantities Goods Produced Prices (5) Apples --m_ Instructions: Round your answers to two decimal places. a. US. GDP is: $ . b. Suppose that a drought hits the state of Washington. This drought causes the quantity of apples produced to fall to 3. Assuming that all prices remain constant, the new US. GDP is: $ . c. Assume, once again, that the quantities produced and the prices of the three goods are as listed in the table. Now, given this situation, Carrot sellers decide that the price of carrots is too low, so they agree to raise the price. If the US. GDP is $80.00, the new price of carrots is: $ |:| per carrot

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