Table 5-3 shows price and output data for a small nation. Consider 2003 as the base period. Use the table to answer question 61.
Table 5-3

-Refer to Table 5-3. What is the value of nominal output in 2003?

Name: Table 5-3 shows price and output data for a small nation. Consider 2003 as the base period. Use the table to answer question 61. Table 5-3 -Refer to Table 5-3. What is the value of nominal output in 2003?
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Question

Table 5-3 shows price and output data for a small nation. Consider 2003 as the base period. Use the table to answer question 61.
Table 5-3
 
-Refer to Table 5-3. What is the value of nominal output in 2003?

Quizplus · Accepted Answer

Nominal output in 2003 is given as $200,000.

Table 5-3 Shows Price and Output Data for a Small