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Prices and Quantities Quantity of Year Price of Quantity of Price of T-Shirts Hamburgers Hamburgers T-Shirts 150 2013 $1.00 100 $5.00 200 2014 $2.00 150

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Prices and Quantities Quantity of Year Price of Quantity of Price of T-Shirts Hamburgers Hamburgers T-Shirts 150 2013 $1.00 100 $5.00 200 2014 $2.00 150 $5.50 200 2015 $2.00 180 $6.00 9. Refer to Table. Nominal GDP is a. $850 for 2013, $1,400 for 2014, and $1,560 for 2015. b. $900 for 2013, $1,500 for 2014, and $1,560 for 2015. $850 for 2013, $1,500 for 2014, and $1,600 for 2015. d. $1,400 for 2013, $850 for 2014, and $1,560 for 2015. 10. Refer to Table. Using 2013 as the base year, for 2014, a. real GDP is $1400 and the GDP deflator is 100. b. real GDP is $1300 and the GDP deflator is 1 10. c. real GDP is $1300 and the GDP deflator is 108. ODB # 2130 d. real GDP is $1000 and the GDP deflator is 103

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