Question 1 You are given with the following data for the country of Myanmar- Goods 2016 2017 Output Price Output Price 4240 $1.00 4500 $ $ 1.30 5000 $ 8.00 5200 1060 Medical Services 2 Pineapple Snorkels Umbrellas Output Price 4650 $10.00 5250 $15.00 $ 16.00 1000 1040 $5,000.00 2 $5.250.00 2 2018 Assume 2016 is the base year for this problem. a. Calculate the nominal GDP values in 2016, 2017 and 2018, respectively $1.50 $11.00 $ 17.00 $5.350.00

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