Multiple Choice
Suppose there are five goods in the economy,A-E.The current-year quantity of each is 10A,20B,30C,40D,and 50E.Current-year prices are $1 for each unit of A,$2 for each unit of B,$3 for each unit of C,$4 for each unit of D,and $5 for each unit of E.Base-year prices are $1 for each good.Real GDP in the current year equals
A) $100.
B) $130.
C) $150.
D) $180.
E) $550.
Correct Answer:

Verified
Correct Answer:
Verified
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