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Scenario: Good A and Good B

-(Scenario: Good A and Good B) Look at the Scenario Good A and Good B. With 2009 as the base year, real GDP was greatest in:
A)2009
B)2010.
C)2011.
D)its base year always.

Question

Use the following to answer questions :
Scenario: Good A and Good B
 
-(Scenario: Good A and Good B) Look at the Scenario Good A and Good B. With 2009 as the base year, real GDP was greatest in:
A)2009 
B)2010. 
C)2011. 
D)its base year always.

Quizplus · Accepted Answer

Real GDP is calculated by using a base year's prices as a benchmark. The graph shows that after 2009, real GDP for both Good A and Good B increased each year. Therefore, the highest real GDP must have occurred in the latest year shown, which is 2011.

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