The following table contains information about an economy that produces only pens and books. The base year is 2017. Use this information to answer question
What is the percentage increase in real GDP from 2018 to 2019?
REAL GDP : Real GDP calculates the economy's total goods and services produced during an accounting year taking into account the inflation and deflation.
Real GDP is different from the nominal form of GDP which doesn't consider the change in the prices of the goods
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