Multiple Choice
Use the following to answer questions: Table: Three-Good Economy I
-(Table: Three-Good Economy I) Suppose an economy produces only the three final goods shown in the table. The table gives information on the quantities produced and price of goods sold in 2008 and 2009. What is the nominal GDP in 2009?
A) $20,134
B) $21,134
C) $26,260
D) $31,400
Correct Answer:

Verified
Correct Answer:
Verified
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