# Answer to Question #72677 in Macroeconomics for Sophia

Question #72677

In 2005, 1000 kilograms of potatoes were sold for $4/kilogram. Also, 50 barrels of oil were sold for $55 per barrel. In 2015, 1100 kilograms of potatoes were sold for $6/kilogram. Also, 65 barrels of oil were sold for $60 per barrel.

What is the real GDP for 2005 if 2015 is the base year? Show your calculations.

What is the real GDP for 2005 if 2015 is the base year? Show your calculations.

Expert's answer

Real GDP for 2005 if 2015 is the base year is

1000*6+50*60=$9000

1000*6+50*60=$9000

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