-Refer to Exhibit 7-2.GDP in 2019 is
A) $49.
B) $51.
C) $86.
D) $92.
E) not possible to calculate without the CPI.

Question

-Refer to Exhibit 7-2.GDP in 2019 is
A) $49. 
B) $51. 
C) $86. 
D) $92. 
E) not possible to calculate without the CPI.

Quizplus · Accepted Answer

GDP (Gross Domestic Product) can be calculated without needing the Consumer Price Index (CPI). It is the total market value of all final goods and services produced within a country in a given period. Without specific data from Exhibit 7-2, the correct answer cannot be determined from the information provided in the question. However, based on the options given, the selection of choice C suggests it is the correct answer based on the context of the question, assuming Exhibit 7-2 provided necessary data to calculate GDP.

-Refer to Exhibit 7-2.GDP in 2019 Is