11. The economy of Britannica produces three goods: computers, DVDs, and pizza. The accompanying table shows the prices and output of the three goods for the years 2012, 2013, and 2014.
| Computers | DVDs | Pizzas | ||||
| Year | Price | Quantity | Price | Quantity | Price | Quantity |
| 2012 | $900 | 10 | $10 | 100 | $15 | 2 |
| 2013 | 1,000 | 10.5 | 12 | 105 | 16 | 2 |
| 2014 | 1,050 | 12 | 14 | 110 | 17 | 3 |
What is the percent change in production of each of the goods from 2012 to 2013 and from 2013 to 2014?
What is the percent change in prices of each of the goods from 2012 to 2013 and from 2013 to 2014?
Calculate nominal GDP in Britannica for each of the three years. What is the percent change in nominal GDP from 2012 to 2013 and from 2013 to 2014?
Calculate real GDP in Britannica using 2012 prices for each of the three years. What is the percent change in real GDP from 2012 to 2013 and from 2013 to 2014?