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Posted: **Sat Feb 19, 2022 2:42 pm**

: The Percentage Increase In Production When Valued At 2015 Prices Is 11 2 Percent The Percentage Increase In Production W 1 (16.15 KiB) Viewed 74 times

The percentage increase in production when valued at 2015 prices is 11.2 percent The percentage increase in production when valued at 2016 prices is 10.2 percent. The average percentage increase in production is 10.7 percent. Use this information to calculate real GDP in 2015.
In 2015 Item Price Melons Kiwi fruits Quantity 100 boxes 57 boxes $7 a box $11 a box In 2016 Item Melons Kiwi fruits Quantity 107 boxes 66 boxes Price $9 a box $9 a box
Real GDP in 2016 using the chained-dollar method is $ 1557. Real GDP in 2015 using the chained-dollar method is $ >>> Answer with a whole number.