Suppose that a very small economy produces only televisions and computers. determine nominal GDP and real GDO in year 4, using the following…

Suppose that a very small economy produces only televisions and computers. determine nominal GDP and real GDO in year 4, using the following information: in year 1, the base year, 10 computers sold at $2,000 each, and 15 televisions sold at $500 each. In year 4 17 computers sold at $2,200 each and 20 televisions sold at $550 each.

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