Solved

Table 23-5 The Country of Caspir Produces Only Cereal and Milk. Quantities

Question 224

Multiple Choice

Table 23-5
The country of Caspir produces only cereal and milk. Quantities and prices of these goods for the last several years are shown below. The base year is 2015.
Prices and Quantities Table 23-5 The country of Caspir produces only cereal and milk. Quantities and prices of these goods for the last several years are shown below. The base year is 2015. Prices and Quantities   -Refer to Table 23-5. In 2016, this country's A) real GDP was $880, and the GDP deflator was 111.4. B) real GDP was $780, and the GDP deflator was 88.6. C) real GDP was $880, and the GDP deflator was 112.8. D) real GDP was $780, and the GDP deflator was 112.8.
-Refer to Table 23-5. In 2016, this country's


A) real GDP was $880, and the GDP deflator was 111.4.
B) real GDP was $780, and the GDP deflator was 88.6.
C) real GDP was $880, and the GDP deflator was 112.8.
D) real GDP was $780, and the GDP deflator was 112.8.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents