Tropical Republic produces only bananas and coconuts. The base year is 2018, and the tables give the quantities produced

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Tropical Republic Produces Only Bananas And Coconuts The Base Year Is 2018 And The Tables Give The Quantities Produced 1 (26.22 KiB) Viewed 16 times

Tropical Republic produces only bananas and coconuts. The base year is 2018, and the tables give the quantities produced and the prices. 2018 2019 Price ($/Unit). Quantity (# of Units) Price ($/Unit) Quantity (# of Units) Bananas $2 20 20 $3 $4 Coconuts $3 10 25 In each of the spaces provided, write in the following values, being sure to include the correct units, if appropriate, and rounding to two decimal places. 1. = Nominal GDP in 2018 2. = Nominal GDP in 2019 = Real GDP in 2018 = Real GDP in 2019 = The GDP deflator in 2018 = The GDP deflator in 2019 = The growth rate of real GDP in 2019. = The inflation rate in year 2019, using the GDP deflator as the measure of the price WN 3. 4. +10000 5. 6. 7. 8. level.