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Question 2 Table 7-2 Year 1 Year 1 Year 2 Year 2 Goods Quantities Prices Quantities Prices A 100 $1.50 90 $1.40 B 50

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Question 2 Table 7-2 Year 1 Year 1 Year 2 Year 2 Goods Quantities Prices Quantities Prices A 100 $1.50 90 $1.40 B 50 $0.60 60 $0.70 C 60 $0.40 55 $0.50 Refer to Table 7-2. Assuming that Year 1 is the base year, Real GDP in Year 2 is $195.50 O $189.00 O $193.00 O $204.00 3 pts

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