3. Prime Minister Osiris gives you The following table, which shows the quantity (in millions) of each good sold as well as the price (in the Chirpistani currency, the "Cate- Coin" C). Table 1: Chirpistan's Economy 2016 2016 2017 2017 2018 2018 Quantity 10 17 Quantity 22 Good Price Quantity Price 12 Price Kong Toys Chirp Noodles Insulin (Osiris is diabetic) Syringes for Insulin Shots 15 25 3 50 3 51 11 57 80 4 80 13 89 10 4 12 18 31 Shock Collars 15 12 13 19 21 17 Scratching Posts Laser Pointers 11 10 16 10 10 66 66 17 60 (b) Using 2016 prices, what is Chirpistan's real GDP in 2017?

ENGR.ECONOMIC ANALYSIS
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3. Prime Minister Osiris gives you The following table, which shows the quantity
(in millions) of each good sold as well as the price (in the Chirpistani currency, the "Cate-
Coin" C).
Table 1: Chirpistan's Economy
2016
2016
2017
2017
2018
2018
Quantity
10
17
Quantity
22
Good
Price Quantity Price
12
Price
Kong Toys
Chirp Noodles
Insulin (Osiris is diabetic)
Syringes for Insulin Shots
15
25
3
50
3
51
11
57
80
4
80
13
89
10
4
12
18
31
Shock Collars
15
12
13
19
21
17
Scratching Posts
Laser Pointers
11
10
16
10
10
66
66
17
60
Transcribed Image Text:3. Prime Minister Osiris gives you The following table, which shows the quantity (in millions) of each good sold as well as the price (in the Chirpistani currency, the "Cate- Coin" C). Table 1: Chirpistan's Economy 2016 2016 2017 2017 2018 2018 Quantity 10 17 Quantity 22 Good Price Quantity Price 12 Price Kong Toys Chirp Noodles Insulin (Osiris is diabetic) Syringes for Insulin Shots 15 25 3 50 3 51 11 57 80 4 80 13 89 10 4 12 18 31 Shock Collars 15 12 13 19 21 17 Scratching Posts Laser Pointers 11 10 16 10 10 66 66 17 60
(b) Using 2016 prices, what is Chirpistan's real GDP in 2017?
Transcribed Image Text:(b) Using 2016 prices, what is Chirpistan's real GDP in 2017?
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