Table: gadget gdp in rayistan) rayistan is a small nation that produces only one good, the gadget. the table shows productions and prices of gadgets for two consecutive years, as well as the population of rayistan.
table: gadget gdp in rayistan
2010 gadget production 4,000
2010 gadget prices (base year) $500
2010 population of rayistan 10,000
2011 gadget production 4,400
2011 gadget prices $600
2011 population of rayistan 12,000
23. the real gdp per capita for 2010 is the same as the real gdp per capita of 2011.
a) true
b) false
c) uncertain
24. the real gdp and the nominal gdp for 2010 are the same.
a) true
b) false
c) uncertain
25. the real gdp for 2011 is
a) $2 million
b) $4 million
c) $2.2 million
d) none of the above.