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The Country Described in the Table Below Produces and Consumes

Question 15

Multiple Choice

The country described in the table below produces and consumes only three goods: energy drinks, pizza, and t-shirts. The quantity produced and price of each good in 2016 and 2017 are provided.
The country described in the table below produces and consumes only three goods: energy drinks, pizza, and t-shirts. The quantity produced and price of each good in 2016 and 2017 are provided. -Refer to the above table.Assuming that 2017 is the base year,what is real GDP for 2016? A) $7,800 B) $7,900 C) $8,100 D) $8,500
-Refer to the above table.Assuming that 2017 is the base year,what is real GDP for 2016?


A) $7,800
B) $7,900
C) $8,100
D) $8,500

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