Suppose that the table records the total output and price for an entire economy

Suppose the lon economy. The base year in the following table is 2020. Quantity of Quantity of Year Price of Apples Price of Haircuts Apples Haircuts 2020 $5.00 40 $20.00 70 2021 $6.00 50 $22.00 60 a) What was the value of nominal GDP in 2020 and 2021? b) What was the value of real GDP in 2020 and 2021? c) What was the value of the GDP deflator in 2020 and 2021? d) From 2020 to 2021, what was the economy's real economic growth? e) From 2020 to 2021, what was the inflation rate? Paragraph BIUA E E DII + v