Q.2.1 Consider the information in Table 1 relating to economic activity in Suniland. Use this information to answer Q.2.1.1 to Q.2.1.4. The base year is 2016. Table 1 Quantity Quantity Price Good (2016) Price (2016) (2017) (2017) Potatoes 1 000 R3.00 900 R3.50 Tofu 2 000 R5.00 2 200 R6.00 Tacos 600 R6.00 500 R7.00 (2) Q.2.1.1 Calculate the Nominal GDP for 2016. Show your calculation. (2) Q.2.1.2 Calculate the Nominal GDP for 2017. Show your calcu!=tion. (2) Q.2.1.3 Calculate the Real GDP for 2017. Show your calculation. (4) Q.2.1.4 Did Suniland experience economic growth in 2017? Show your calculations.

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