This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: GDP and its CalculationProductQuantityPriceSkateboards50$145.00Hats27525.00Jars of Peanut Butter700 ... (Read 15 times)

ninaj

  • Full Member
  • ***
  • Posts: 136
on: Nov 23, 2022
GDP and its Calculation


ProductQuantityPrice
Skateboards50​$145.00​
Hats275​25.00​
Jars of Peanut Butter700​ 9.00
Peanuts (pounds)1400​2.00​
Refer to the table. Suppose that a simple economy produces only four goods: skateboards, hats, peanut butter, and peanuts. Assume all of the peanuts are used in the production of peanut butter. Using the information in the above table, nominal GDP for this simple economy equals ________.
◦ $23,225
◦ $20,425
◦ $16,925
◦ $32,625
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ninaj on Nov 23, 2022

BryanAultm

  • Full Member
  • ***
  • Posts: 168
    • Cheap Viagra dallas cowboys vs philadelphia eagles predictions
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly

Feel free to surf to my weblog ... enlarged prostate causes (24h-viagra-canada.com)

ninaj

  • Member
  • Posts: 136
Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

fatboyy09

  • Member
  • Posts: 358
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Eastern Gray Squirrel peanut Eastern Gray Squirrel peanut
Trans-fat in Peanut Butter (Front) Trans-fat in Peanut Butter (Front)
Peanut Butter Bread Peanut Butter Bread
Commercially made peanut butter doesn’t have any detectable levels of trans fatty acids Commercially made peanut butter doesn’t have any detectable levels of trans fatty acids
Peanut butter is good source of protein Peanut butter is good source of protein
Peanut allergy Peanut allergy
Video: Neuron Structure Animation

For a complete list of videos, visit our video library