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Suppose an Economy Produces Only the Four Goods Listed in This

Question 13

Multiple Choice

  Suppose an economy produces only the four goods listed in this table. All of the country's tomatoes are used in the production of pizzas and all of its shovels are purchased by foreign firms that produce landscaping services only in their country. What is the value of GDP in this country? A)  $7,700 B)  $7,200 C)  $6,200 D)  $6,700 Suppose an economy produces only the four goods listed in this table. All of the country's tomatoes are used in the production of pizzas and all of its shovels are purchased by foreign firms that produce landscaping services only in their country. What is the value of GDP in this country?


A) $7,700
B) $7,200
C) $6,200
D) $6,700

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