Question 1
Refer to the information provided in Table 21.9 below to answer the question(s) that follow.


Refer to Table 21.9. Assume that this economy produces only two goods Good
X and Good
Y. The value for this economy's nominal GDP in year 2 is
◦ $168.
◦ $179.
◦ $202.
◦ $214.
Question 2
Refer to the information provided in Table 21.9 below to answer the question(s) that follow.


Refer to Table 21.9. Assume that this economy produces only two goods Good
X and Good
Y. If year 1 is the base year, the value for this economy's real GDP in year 2 is
◦ $168.
◦ $179.
◦ $202.
◦ $214.