The next four questions involve the following situation: Consider an economy with only two products: silver and lead. There is no international trade and no govern- ment. The following table shows production and prices in 2020 and 2021. Use 2020 as the base year for any relevant calculations. Year Good Price per ounce Production (ounces) |2020 Silver 500,000 |2020 Lead 1,000,000 2|021 Silver 200,000 |2021 Lead 20,000,000