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Author Question: Table 8-18 A very simple economy produces three goods: cameras, legal services, and books. The ... (Read 47 times)

Engineer

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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 nominal GDP in 2016 when 2011 is the base year?


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


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Marked as best answer by Engineer on Mar 16, 2019

katieost

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Engineer

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Reply 2 on: Mar 16, 2019
YES! Correct, THANKS for helping me on my review


amandalm

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Reply 3 on: Yesterday
Gracias!

 

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