question archive In year 1, the price of goods x, y, and z are $2, $4, and $6 per unit respectively
In year 1, the price of goods x, y, and z are $2, $4, and $6 per unit respectively
Subject:BusinessPrice:3.87 Bought7
In year 1, the price of goods x, y, and z are $2, $4, and $6 per unit respectively. In year 2, the price of goods x, y, and z are $3, $4, and $7 per unit respectively. In year 2, twice as many units of each good are produced as in year 1. In year 1, 20 units of x, and 60 units of z are produced. If year 1 is the base year, what does Real GDP equal in year 2?
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