Posted by **Julie** on Tuesday, April 15, 2008 at 4:40pm.

Calculate REAL GDP for each year (2005=100).

Yr. Price of/Qty. Price of/Qty.

socks produced hats produced

2005 $1 100 $2 50

2006 $2 150 $3 100

2007 $3 200 $4 150

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