Multiple Choice
If hotdogs cost $2 this year and $3 next year, then 100 hotdogs will contribute
A) $200 to this year's nominal GDP and $166 to next year's nominal GDP.
B) $200 to this year's real GDP and $300 to next year's real GDP.
C) the same dollar amount to each year's nominal GDP because hotdogs are intermediate goods.
D) $200 to this year's nominal GDP and $300 to next year's nominal GDP.
Correct Answer:

Verified
Correct Answer:
Verified
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