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Author Question: Table 8-18 A very simple economy produces three goods: cameras, legal services, and books. The ... (Read 91 times)

sabina

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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 2016 as the base year?


◦ $28,885
◦ $11,790
◦ $11,200
◦ $10,275


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Marked as best answer by sabina on Mar 16, 2019

fwbard

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