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Table 419 a Very Simple Economy Produces Three Goods: Movies

Question 124

Multiple Choice

Table 4.19 Table 4.19 A very simple economy produces three goods: movies, burgers, and bikes.The quantities produced and their corresponding prices for 2007 and 2017 are shown in the table above. -Refer to Table 4.19.What is nominal GDP in 2017? A) $3,320 B) $3,690 C) $6,360 D) $7,035 E) $8,340 A very simple economy produces three goods: movies, burgers, and bikes.The quantities produced and their corresponding prices for 2007 and 2017 are shown in the table above.
-Refer to Table 4.19.What is nominal GDP in 2017?


A) $3,320
B) $3,690
C) $6,360
D) $7,035
E) $8,340

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