5) (KEY QUESTION) Consider the following data assuming that these are the only products produced and consumed in the economy: Product 2020 Quantity 2020 Price (S) 2019 Quantity 14 2019 Price (S) 18 Beer 16 13 Chocolate 15 11 17 12 Using 2020 as the base year answer the following questions: a. What was the nominal GDP in 2019 and 2020? b. What was the real GDP in 2019 and 2020? c. What was the GDP deflator in 2019 and 2020? d. What was the growth rate of nominal GDP between 2019 and 2020? What was the growth rate of real GDP between 2019 and 2020? What was the growth rate of the GDP deflator between 2019 and 2020? Calculate the value of the basket in 2019 and 2020. e. f. Calculate the CPI for 2019 and 2020. g. Calculate the annual inflation rate over the 2019-2020 period.

e EconomicsOfEnvironment Q. Search in Document Home Insert Draw Design Layout References Mailings Review View + Share a Times New R... , 12 A- Aa AaBbCcDdE AaBbCcDdE AaBbCeDdE AaBbCcDdE AaBb AaBbCcDdEe AaBbCcDdEe AaBbCcDdEe AgBbCcDdEe AaBbCcDdEe AaBbCcDdEe AaBbCcDdEe AABBCCDDEE U - abe X. Normal Subtle Emph.. Styles Pane Paste B A Heading 1 No Spacing Heading 2 Title Subtitle Emphasis Intense Emp. Strong Quote Intense Quote Subtle Refer. Sensitivity 6 7 9. It's this question. The one where you're asked to find the areas and stuff. It's just like the question from the homework and most of the recent final exams. Here's the diagram: $ $400 MAC MD $240 $0 Tons of Emissions 80 120 A. If there's an emission fee that results in the optimal level of emissions, what will be the total amount of the fees paid? B. What's the total value of the damage done at the optimal level of emissions, and how does that compare to the fees paid? Does that seem right? C. What is the total abatement cost at the…

Please help Why is basic understanding of global geography important? Just q&a DO NOT COPY FROM OTHER WEBSITES Upvote guarenteed for a correct and detailed answer. Thank you!!!