juulife420 juulife420
  • 14-11-2022
  • Business
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The following table shows the production within a very small country’s economy in two consecutive years. What was the real GDP of 2017?

Year Item Quantity Produced Price Per Unit
2017 Oranges 1000 pounds $1.00
2017 Haircuts 2000 haircuts $5.00
2018 Oranges 1500 pounds $1.50
2018 Haircuts 3000 haircuts $7.50

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