QUESTION 1 An economy produced the following: Year 2017 2018 Quantity of Bread 100 200 Price of Bread $2 $3 Calculate the following using 2017 as the base year. GDPN for 2017 is: a.100 b.200 c. 300 d.400 QUESTION 2 An economy produced the following: Year 2017 2018 Quantity of Bread 100 200 Price of Bread $2 $3 Calculate the following using 2017 as the base year. GDPr for 2018 is: a.400 b.300 c. 200 d.100 QUESTION 3 An economy produced the following: Year 2017 2018 Quantity of Bread 100 200 Price of Bread $2 $3 Calculate the following using 2017 as the base year. GDPD 2017 is: a.50 b.100 c. 150 d.200

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A:

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Q: real GDP

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