What was gdp in one year

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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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