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Question: explain the nation of potchatoonie produces hockey pucks cases of...

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The nation of Potchatoonie produces hockey pucks, cases of root beer, and sandals. Here are data on prices and quantities of the three goods in the years 2011 and 2014.

Pucks Root beer Sandals
  Year   Quantity Price Quantity Price Quantity Price
  2011 100 $5 300 $20 100 $20
  2014 125 $7 250 $20 110 $25


Instructions: Enter your responses as integer values.       

Assume that 2011 is the base year. Find nominal GDP and real GDP for both years.

  Year Nominal GDP Real GDP
  2011 $ $
  2014 $ $
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