In: Economics
Quantities Produced Prices CDs Tennis Rackets Price per CD Price per Tennis Racket 2011 110 210 ?$21 ?$100 2012 125 230 ?$25 ?$125 Real GDP in 2011 using 2012 prices is ?$25625 . ?(Enter your response as an? integer.) Real GDP in 2012 using 2012 prices is ?$31875 . ?(Enter your response as an? integer.) Real GDP grew by 24.39 percent. ?(Enter your response rounded to two decimal? places.) The price index for GDP for 2012 using 2012 as the base year is nothing . ?(Enter your response rounded to two decimal? places.) Prices increased by nothing percent. ?(Enter your response rounded to two decimal? places.)