Q 1. Real GDP is GDP in a given year 2.In calculating gross domestic product, the Bureau of Economic Analysis uses the sum of the market value of final goods and services produced. This means that the BEA 3.Tyrovia Products Year Guns Produced Price of Guns Butter Produced Price of Butter 2010 80 $5 40 $4 2021 90 6 60 10 Refer to the table above. The nominal GDP for Tyrovia for 2021 equals 4.In the circular flow model, the value of total income for an economy ________ the value of total production. 5.In the circular flow model, the value of total production for an economy ________ the value of total expenditures on final goods and services.