Multiple Choice
Table 19-5
A very simple economy produces three goods: movies, burgers, and bikes. The quantities produced and their corresponding prices for 2006 and 2011 are shown in the table above.
-Refer to Table 19-5.What is nominal GDP in 2006?
A) $3,320
B) $3,690
C) $6,360
D) $7,035
Correct Answer:
Verified
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