What was gdp in one year, What was GDP in year 1

What was gdp in one year

Reference no: EM13768342

The annual output and prices of a 3-good economy are shown in the table below.

Good	Price Year 1	Quantity of Goods Year 1	Price Year 2	Quantity of Goods Year 2
Quarts of Ice Cream	$5	4	$5	6
Bottles of Shampoo	$3	2	$3	3
Jars of Peanut Butter	$2	4	$2	3

What was GDP in year 1? $

What was GDP in year 2? $

Reference no: EM13768342

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