Social Science Clinic => Economics => Macroeconomics => Topic started by: tiara099 on Mar 16, 2019
Title: Table 8-17 A very simple economy produces three goods: movies, burgers, and bikes. The quantities ...
Post by: tiara099 on Mar 16, 2019
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?
◦ $3,320 ◦ $3,690 ◦ $6,360 ◦ $7,035
Title: Table 8-17 A very simple economy produces three goods: movies, burgers, and bikes. The quantities ...
Post by: amandalm on Mar 16, 2019
$7,035
Title: Table 8-17 A very simple economy produces three goods: movies, burgers, and bikes. The quantities ...
Post by: tiara099 on Mar 16, 2019
Thank you!
Title: Table 8-17 A very simple economy produces three goods: movies, burgers, and bikes. The quantities ...
Post by: amandalm on Mar 16, 2019