The table given below lists the price per unit and output of computers and calculators (the only two goods produced by a nation)for the years 1995 and 2003. Table 5.6
Refer to Table 5.6.Calculate the nominal GDP for 1995.
A)$223, 000
B)$254, 000
C)$448, 000
D)$520, 000
E)$110, 000

Question

The table given below lists the price per unit and output of computers and calculators (the only two goods produced by a nation)for the years 1995 and 2003. Table 5.6
 Refer to Table 5.6.Calculate the nominal GDP for 1995.
A)$223, 000 
B)$254, 000 
C)$448, 000 
D)$520, 000 
E)$110, 000

Quizplus · Accepted Answer

The Answer of The table given below lists the price per unit and output of computers and calculators (the only two goods produced by a nation)for the years 1995 and 2003. Table 5.6
 Refer to Table 5.6.Calculate the nominal GDP for 1995.
A)$223, 000 
B)$254, 000 
C)$448, 000 
D)$520, 000 
E)$110, 000

The Table Given Below Lists the Price Per Unit and Output