Multiple Choice
For the above economy, the real GDP in year 3 is:
A) $520
B) $485
C) $576
D) $480
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: GDP in an economy is $4,600 billion.Consumer
Q3: Setup Corporation buys $100,000 of sand, rock,
Q16: Real GDP measures<br>A) current output at current
Q17: Gross domestic product (GDP) measures and reports
Q26: GDP excludes expenditures by:<br>A)businesses on pollution control
Q29: In a typical year which of the
Q33: GDP may be defined as:<br>A)the monetary value
Q64: Net Domestic Income at the factor cost
Q100: Some of the production of an economy
Q130: The GDP price index:<br>A)includes fewer goods and