Consider a simple economy producing 2 goods: coffee and TVs. In 2014, the economy produced 2000 pounds of coffee and

Consider a simple economy producing 2 goods: coffee and TVs. In 2014, the economy produced 2000 pounds of coffee and 10 TVs. In 2015, the economy produced 1200 pounds of coffee and 12 TVs. The price of one TV was $1,000 in both years while the price of coffee decreased from $8/pound in 2014 to $5/pound in 2015. Based on this information the change in real GDP in chained prices benchmarked to 2015 is ______ percen


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