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Author Question: Table 8-18 A very simple economy produces three goods: cameras, legal services, and books. The ... (Read 34 times)

fahad

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on: Mar 16, 2019

Table 8-18








A very simple economy produces three goods: cameras, legal services, and books. The quantities produced and their corresponding prices for 2011 and 2016 are shown in the table above. 






Refer to Table 8-18. What is real GDP in 2016, using 2011 as the base year?


◦ $28,885
◦ $11,790
◦ $11,200
◦ $10,275
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by fahad on Mar 16, 2019

nickk12214

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Reply #1 on: Mar 16, 2019
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fahad

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Reply 2 on: Mar 16, 2019
Wow, this really help

ASDFGJLO

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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