Multiple Choice
During last year, a country produced 20,000 pizzas and 10,000 hamburgers and nothing else. The pizzas sold for $10.00 each and the hamburgers for $3.00 each. Nominal GDP was
A) $390,000.
B) $230,000.
C) $460,000.
D) $360,000.
E) $70,000.
Correct Answer:
Verified
Correct Answer:
Verified
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