The country described in the table below produces and consumes only three goods: energy drinks, pizza, and t-shirts. The quantity produced and price of each good in 2016 and 2017 are provided.

-Refer to the above table. Assuming that 2016 is the base year, what is real GDP for 2017?
A) $6,785
B) $7,115
C) $7,400
D) $7,950

Question

The country described in the table below produces and consumes only three goods: energy drinks, pizza, and t-shirts. The quantity produced and price of each good in 2016 and 2017 are provided.
 
-Refer to the above table. Assuming that 2016 is the base year, what is real GDP for 2017?
A) $6,785 
B) $7,115 
C) $7,400 
D) $7,950

Quizplus · Accepted Answer

The Answer of The country described in the table below produces and consumes only three goods: energy drinks, pizza, and t-shirts. The quantity produced and price of each good in 2016 and 2017 are provided.
 
-Refer to the above table. Assuming that 2016 is the base year, what is real GDP for 2017?
A) $6,785 
B) $7,115 
C) $7,400 
D) $7,950

The Country Described in the Table Below Produces and Consumes