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Table 19-18 a Very Simple Economy Produces Three Goods: Cameras

Question 182

Multiple Choice

Table 19-18
Table 19-18 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 19-18. What is nominal GDP in 2013 when 2008 is the base year? A) $28,885 B) $11,790 C) $11,200 D) $10,275 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 19-18. What is nominal GDP in 2013 when 2008 is the base year?


A) $28,885
B) $11,790
C) $11,200
D) $10,275

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