Multiple Choice
Only three goods are produced in an economy in the following amounts: A = 10, B = 30, C = 5.The current year per unit prices of these three goods are A = $2, B = $3, and C = $1.Refer to the above information.Nominal GDP in the current year is:
A) $110
B) $115
C) $45
D) $90
Correct Answer:
Verified
Correct Answer:
Verified
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