Multiple Choice
Country X produces only one good.It produced 12,500 units of a good during a particular year.If the price of the good during that year was $100 and the price of the good during the base year was $95,the nominal GDP of the country is ________.
A) $1,187,500
B) $1,250,000
C) $875,000
D) $2,450,000
Correct Answer:
Verified
Correct Answer:
Verified
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