Suppose an economy produces only two goods: Apples and Bananas in both Year 1 and Year 2.

Is it possible for the Real GDP of this country to increase between Year 1 and Year 2, while the Nominal GDP decreases or remains the same?

If your answer is yes, construct a numerical example demonstrating this using Year 1 as the base year. Use the table below to construct your example and show all relevant calculations.three production functions exhibit diminishing returns to capital per hour worked.

Quantity of Quantity of Price of Apples Price of A 163 Bananas Bananas Year 2