Refer to Table 12.1 for the following questions.
Table 12.1 A very simple economy producing three goods: movies, burgers and bikes. 
-Refer to Table 12.1.What is nominal GDP in 2008?
A) $3320
B) $3690
C) $6360
D) $7035
Correct Answer:
Verified
Q84: To make the calculation of real GDP
Q85: If prices are rising on average, then
Q92: Refer to Table 12.1 for the following
Q93: Explain the shortcomings of GDP as a
Q96: Refer to Table 12.1 for the following
Q98: Which of the following is a true
Q99: If real GDP increases, we know for
Q101: Suppose that a very simple economy produces
Q186: If nominal GDP rises we can say
Q220: The GDP deflator is a measure of
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