Multiple Choice
An economy produces 5X,10Y,and 20Z in a year.Base-year prices for these goods are $1,$3,and $5,respectively.Current-year prices for these goods are $2,$3,and $4,respectively.What is Real GDP?
A) $135
B) $165
C) $120
D) $170
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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