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The Following Table Shows the Production and Prices of an Economy's

Question 64

Multiple Choice

The following table shows the production and prices of an economy's only two goods,TVs and computers,in 2003 and 2009.Assume that 2003 is the base year.
The following table shows the production and prices of an economy's only two goods,TVs and computers,in 2003 and 2009.Assume that 2003 is the base year. -What is nominal GDP in 2003? A) $15,000. B) $15,460. C) $27,500. D) $36,750. E) $50,110.
-What is nominal GDP in 2003?


A) $15,000.
B) $15,460.
C) $27,500.
D) $36,750.
E) $50,110.

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