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question 46

Essay

$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ Table 2.2
$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ 2012 $\quad$$\quad$$\quad$$\quad$ 2013
$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ Quantity Price $\quad$ Quantity Price
$$\begin{array} { | l | c | c | c | c | } \hline \text { Orarpes } & 30 & \$ 0.30 & 40 & \$ 0.50 \\\hline \text { Egp Rolls } & 60 & 1.10 & 75 & 1.30 \\\hline \text { Whistles } & 50 & 2.00 & 50 & 2.25 \\\hline\end{array}$$
Table 2.2 gives quantities and prices for each good produced in a simple economy in 2012 and 2013.
-Refer to Figure 2.2.Calculate GDP in 2012 and 2013.