The table given below lists the price per unit and output of computers and calculators (the only two goods produced by a nation) for the years 1995 and 2003.
Table 5.6
-Refer to Table 5.6. Calculate the nominal GDP for 1995.
A) $223,000
B) $254,000
C) $448,000
D) $520,000
E) $110,000
Correct Answer:
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