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Suppose that a simple economy produces only the following four goods and​ services: shoes,​ hamburgers, shirts, and cotton. ​ Further, assume that all of the cotton is used in the production of shirts.Use the information in the following table to calculate Nominal Gross Domestic ProductLOADING... ​(Nominal GDP) for 2021.PRODUCTION AND PRICE STATISTICS FOR 2021ProductQuantityPriceShoes125​$65.00Hamburgers1103.00Shirts6030.00Cotton2,200

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