Solved

Table 12-13 Consider the Data Shown Above for Vicuna, a Country That

Question 260

Multiple Choice

Table 12-13
 Year  Oranges  Produced  Price af  Oranges  Shirts  Prodiced  Price af  Shirts 20091,800$0.90110$30.0020112,0001.0011035.00\begin{array} { | c | c | c | c | c | } \hline \text { Year } & \begin{array} { c } \text { Oranges } \\\text { Produced }\end{array} & \begin{array} { c } \text { Price af } \\\text { Oranges }\end{array} & \begin{array} { c } \text { Shirts } \\\text { Prodiced }\end{array} & \begin{array} { c } \text { Price af } \\\text { Shirts }\end{array} \\\hline 2009 & 1,800 & \$ 0.90 & 110 & \$ 30.00 \\\hline 2011 & 2,000 & 1.00 & 110 & 35.00 \\\hline\end{array}
Consider the data shown above for Vicuna, a country that produces only two products: oranges and shirts.
-Refer to Table 12-13.Nominal GDP for Vicuna for 2009 equals


A) $4,920.
B) $5,100.
C) $5,300.
D) $5,850.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions