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The table below gives the quantities and prices for 2021 and 2022 for an economy that produces just two goods: Xboxes and chocolates. Xboxes Chocolates
The table below gives the quantities and prices for 2021 and 2022 for an economy that produces just two goods: Xboxes and chocolates. Xboxes Chocolates Years Quantities produced Prices Quantities produced Prices 2021 10 $500 2000 $1 2022 20 $525 2400 $2 For this economy that produces just Xboxes and chocolate, and with 2021 as the base year, real GDP was approximately ______ times larger in 2022 than it was in 2021. 1.65 2.19 1.34 1.77
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