Question 5 A country is producing 3 goods Hot Dogs, Baseballs, Bottles of Soda. The price of these items and the amount produced over 3 years is een below. 2005 2005 2007 Price Quantity Price Quantity Price Quantity Hot Dogs $2 100 $4 100 $6 100 Baseballs $5 50 $5 100 $5 100 Bottles of Soda 52 100 $2 150 $2 200 a Calculate the nominal GDP for 2005, 2006 and 2007 based on the above information. b- Calculate the real GDP for 2005, 2006 and 2007 based on the above information, taking 2006 as the base year. How much is economic growth between 2005 and 2006, between 2006 and 2007? Click Submit to complete this assessment