1. Using the data below, find the next set of questions: Output Quantities At t At t+1 ABC ABC 40m 25m 2m 60m 10m 5m Pri

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1 Using The Data Below Find The Next Set Of Questions Output Quantities At T At T 1 Abc Abc 40m 25m 2m 60m 10m 5m Pri 1 (18.58 KiB) Viewed 18 times

1. Using the data below, find the next set of questions: Output Quantities At t At t+1 ABC ABC 40m 25m 2m 60m 10m 5m Prices $5 $2 $15 $4 $4 $10 a. Derive the base-year-quantity price index. b. Derive the current-year-quantity price index. c. Assuming that this economy produces only the three goods listed above, derive the real GDP for the year t+1. I