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Consider the Following Data That Gives the Quantity Produced and Unit

Question 8

Multiple Choice

Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the next six questions: Assume that the base year is 2012.
Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the next six questions: Assume that the base year is 2012. -What was the real GDP in 2013? A) $5,400 B) $6,300 C) $6,450 D) $1,700 E) $13,600
-What was the real GDP in 2013?


A) $5,400
B) $6,300
C) $6,450
D) $1,700
E) $13,600

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