Assume an economy produces only footballs and baseballs and the base year is 2005. 
Given the data in the table above, what is the value of real GDP in 2006?
A) $ 9,000
B) $10,000
C) $12,000
D) $12,500
Correct Answer:
Verified
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A)consumption.
B)labor income.
C)capital
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A)wages, salaries, and earnings of
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Q136: Real GDP measures the _ of production.
A)change
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