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since 2007, Country A has been producing only computer chips. the nominal GDP was $189billion in 2007, and its total output was 45billion. if 2007
since 2007, Country A has been producing only computer chips. the nominal GDP was $189billion in 2007, and its total output was 45billion. if 2007 is the base price year, what will be the:
a) the base price
b) Real GDP for the year 2007
c ) the real GDP for the year 2008, when the total output of the country increase by 20%
i need a step by step calculations of all the 3 questions please
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