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Consider the Following Data That Gives the Quantity Produced and Unit

Question 26

Multiple Choice

Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the following questions. Assume that the base year is 2012. Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the following questions. Assume that the base year is 2012. -What was the nominal gross domestic product (GDP) in 2013? A) $5,400 B) $6,300 C) $6,450 D) $1,700 E) $13,600
-What was the nominal gross domestic product (GDP) in 2013?


A) $5,400
B) $6,300
C) $6,450
D) $1,700
E) $13,600

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