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Author Question: GDP and its CalculationProductQuantityPriceSoccer Balls350$60Coffee ... (Read 65 times)

yagurl

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on: Nov 23, 2022
GDP and its Calculation


ProductQuantityPrice
Soccer Balls350​$60​
Coffee Mugs750​20​
Bicycles150​350​
Telescopes300​150​
Refer to the table. Consider the table of production and price statistics for a small economy. If the economy only produces the four goods listed in the table, what is the value of nominal GDP for this economy? (Round to the nearest hundredth when appropriate.)
◦ $2130
◦ $580
◦ $81,000
◦ $74,700
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by yagurl on Nov 23, 2022

bainer89

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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.
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yagurl

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

frankwu0507

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Reply 3 on: Yesterday
Wow, this really help

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