Homework Clinic

Social Science Clinic => Economics => Macroeconomics => Topic started by: Destiiny22 on Mar 16, 2019

Title: Table 8-17 A very simple economy produces three goods: movies, burgers, and bikes. The quantities ...
Post by: Destiiny22 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 2011?


◦ $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: mbcrismon on Mar 16, 2019
$3,320