Suppose German economy produces two goods: shoes and bags. The quantity produced and the prices of these items in 2017 and 2018 are shown in table below: Quantities produced Price ($) Shoes=25 Shoes=100 Bags=500 Bags=? Shoes=$75 Bags=10 a. Let's assume that the base year was 2017, so that real GDP in 2017 equals nominal GDP in 2017. If the real GDP in Germany was $7,500 in 2017, what was the price of bags? b. Using your answer from part a, if the growth rate in nominal GDP was 10 percent, how many bags must have been produced in 2018? c. Using your answers from parts a and b, what is the real GDP in 2018? What was the growth rate in real GDP between 2017 and 2018