GDP (Year 1) Ice Cream Variety Price Quantity Value 3K: Kamote, Karrots and Kalabasa 100 80 8000 Wasabi

and Spinach Medley 120 140 16800 Halo-halo Fiesta 150 140 21000 Nominal GDP = 45800 GDP (Year 2) Ice Cream Variety 3K: Kamote, Karrots and Kalabasa Wasabi and Spinach Medley Halo-halo Fiesta Price Quantity Value GDP Deflator Real GDP GDP Deflator REAL GDP

1

8000

1 1 Real GDP

16800 21000 45800

150

120

18000

1.5

27000

240 300

170 250

40800 75000

2 2 REAL GDP

81600 150000 258600

Nominal GDP = 133800

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