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Table 8-17 a Very Simple Economy Produces Three Goods: Movies,burgers,and

Question 165

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Table 8-17
Table 8-17 A very simple economy produces three goods: movies,burgers,and bikes.The quantities produced and their corresponding prices for 2011 and 2016 are shown in the table above. -Refer to Table 8-17.What is nominal GDP in 2016? A) $3,320 B) $3,690 C) $6,360 D) $7,035 A very simple economy produces three goods: movies,burgers,and bikes.The quantities produced and their corresponding prices for 2011 and 2016 are shown in the table above.
-Refer to Table 8-17.What is nominal GDP in 2016?


A) $3,320
B) $3,690
C) $6,360
D) $7,035

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