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Question 18

Multiple Choice

Use the following to answer questions: Use the following to answer questions: -(Table: Lemonade and Cookies) Use Table: Lemonade and Cookies. Assume that an economy produces only lemonade and cookies. If 2013 is the base year, real GDP in 2014 was: A) $400. B) $420. C) $425. D) $445.
-(Table: Lemonade and Cookies) Use Table: Lemonade and Cookies. Assume that an economy produces only lemonade and cookies. If 2013 is the base year, real GDP in 2014 was:


A) $400.
B) $420.
C) $425.
D) $445.

Correct Answer:

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