Multiple Choice
Assume an economy that makes only one product and that year 3 is the base year.Output and price data for a five-year period are as follows.Answer the question on the basis of these data.
Refer to the data.Real GDP for year 5 is:
A) $160.
B) $49.
C) $40.
D) $64.
Correct Answer:

Verified
Correct Answer:
Verified
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