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    Macroeconomics Study Set 17
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    Exam 8: GDP: Measuring Total Production and Income
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    Table 8-6 -Refer to Table 8-6.Consider the Table of Production and Price
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Table 8-6 -Refer to Table 8-6.Consider the Table of Production and Price

Question 253

Question 253

Multiple Choice

Table 8-6
Table 8-6    -Refer to Table 8-6.Consider the table of production and price statistics for a small economy in 2018.If the economy only produces the four goods listed below,what is GDP for 2018? A) $428,000 B) $267,000 C) $24,000 D) $1,424
-Refer to Table 8-6.Consider the table of production and price statistics for a small economy in 2018.If the economy only produces the four goods listed below,what is GDP for 2018?


A) $428,000
B) $267,000
C) $24,000
D) $1,424

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