Laptops201020112012Price$1,700$1,400$1,200Complete the following table by calculating nominal GDP and real GDP (using 2010 as the base year) for each year. (Enter your responses as integers.)201020112012Quantity799TextbooksPrice Quantity$180$19068$2109Nominal GDP$ 13,040$ 14,260$ 12,850Using the chain-weighted method outlined above, real GDP for 2011 is $ 16,810. (Round your response to the nearest dollar.)Using the chain-weighted method again, real GDP for 2012 is $(Round your response to the nearest dollar.)Energy DrinksPrice Quantity$230$435$440Real GDP(2010 Base)$ 13,040$ 16,810$ 17,000

Real GDP Growth Rate:The real GDP growth rate measures the percentage change in real gross domestic…

Laptops 2010 2011 2012 Price Quantity Price Quantity $1,700 7 6 9 8 9 9 $1,400 $1,200 Complete the following table by calculating nominal GDP and real GDP (using 2010 as the base year) for each year. (Enter your responses as integers.) Real GDP (2010 Base) Nominal GDP $ 13,040 $ 13,040 $ 14,260 $ 16,810 $ 12,850 $ 17,000 2010 2011 Textbooks 2012 $180 $190 $210 Energy Drinks Price Quantity $2 30 $4 35 $4 40 Using the chain-weighted method outlined above, real GDP for 2011 is $ 16,810. (Round your response to the nearest dollar.) Using the chain-weighted method again, real GDP for 2012 is $ (Round your response to the nearest dollar.)