Refer to the following table when answering the following questions. In this economy, only two goods are produced: video games and pistachios.
Table 2.3: National Income Accounting
-Consider Table 2.3. Using the Paasche index, the real GDP in 2018 is:
A) $9,150.
B) $8,500.
C) $8,600.
D) $9,025.
E) $8,475.

Question

Refer to the following table when answering the following questions. In this economy, only two goods are produced: video games and pistachios.
Table 2.3: National Income Accounting 
-Consider Table 2.3. Using the Paasche index, the real GDP in 2018 is:
A) $9,150. 
B) $8,500. 
C) $8,600. 
D) $9,025. 
E) $8,475.

Quizplus · Accepted Answer

The Answer of Refer to the following table when answering the following questions. In this economy, only two goods are produced: video games and pistachios.
Table 2.3: National Income Accounting 
-Consider Table 2.3. Using the Paasche index, the real GDP in 2018 is:
A) $9,150. 
B) $8,500. 
C) $8,600. 
D) $9,025. 
E) $8,475.

Refer to the Following Table When Answering the Following Questions