2013   2018   Product Quantity Price Quantity Price Pizzas           100            $10           120   $12 Haircuts             50 15  45 20 Backpacks           200 40 210 45   Suppose that a very simple economy produces three goods: pizzas, haircuts, and backpacks. Suppose that the quantities produced and their corresponding prices for 2013 and 2018 are shown in the table above. Use the information to compute the real GDP in the year 2013 and 2018. Calculate the real GDP in 2018 assuming the base year is 2013.

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Q: real GDP

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