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Business, 04.07.2019 17:10 corvettapj6583

Suppose an economy produces only cranberries and maple syrup. in 2010, 50 units of cranberries are sold at $20 per unit and 100 units of maple syrup are sold at $8 per unit. in 2009, the base year, the price of cranberries was $10 per unit and the price of maple syrup was $15 per unit. for 2010, a. nominal gdp is $2000, real gdp is $1800, and the gdp deflator is 111.1. b. nominal gdp is $1800, real gdp is $2000, and the gdp deflator is 111.1. c. nominal gdp is $2000, real gdp is $1800, and the gdp deflator is 90. d. nominal gdp is $1800, real gdp is $2000, and the gdp deflator is 90.

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