The following table shows the production and prices of an economy's only two goods,TVs and computers,in 2003 and 2009.Assume that 2003 is the base year.

-What is nominal GDP in 2003?
A) $15,000.
B) $15,460.
C) $27,500.
D) $36,750.
E) $50,110.

Question

The following table shows the production and prices of an economy's only two goods,TVs and computers,in 2003 and 2009.Assume that 2003 is the base year.
 
-What is nominal GDP in 2003?
A) $15,000. 
B) $15,460. 
C) $27,500. 
D) $36,750. 
E) $50,110.

Quizplus · Accepted Answer

The Answer of The following table shows the production and prices of an economy's only two goods,TVs and computers,in 2003 and 2009.Assume that 2003 is the base year.
 
-What is nominal GDP in 2003?
A) $15,000. 
B) $15,460. 
C) $27,500. 
D) $36,750. 
E) $50,110.

The Following Table Shows the Production and Prices of an Economy's