Multiple Choice
Table 8-18
A very simple economy produces three goods: cameras,legal services,and books.The quantities produced and their corresponding prices for 2008 and 2013 are shown in the table above.
-Refer to Table 8-18.What is real GDP in 2013,using 2013 as the base year?
A) $28,885
B) $11,790
C) $11,200
D) $10,275
Correct Answer:
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