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Year Apples Erasers Price Quantity Price Quantity (Dollars per apple) (Number of apples) (Dollars per eraser) (Number of erasers) 2016 1 120 1 195 2017
Year | Apples | Erasers | ||
---|---|---|---|---|
Price | Quantity | Price | Quantity | |
(Dollars per apple) | (Number of apples) | (Dollars per eraser) | (Number of erasers) | |
2016 | 1 | 120 | 1 | 195 |
2017 | 2 | 130 | 4 | 195 |
2018 | 4 | 130 | 4 | 145 |
Use the information from the preceding table to fill in the following table.
Year | Nominal GDP | Real GDP | GDP Deflator |
---|---|---|---|
(Dollars) | (Base year 2016, dollars) | ||
2016 | |||
2017 | |||
2018 |
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