Multiple Choice
Table 4.19
A very simple economy produces three goods: movies, burgers, and bikes.The quantities produced and their corresponding prices for 2007 and 2017 are shown in the table above.
-Refer to Table 4.19.What is nominal GDP in 2007?
A) $3,320
B) $3,690
C) $6,360
D) $7,035
E) $8,340
Correct Answer:
Verified
Related Questions