menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 22
  4. Exam
    Exam 7: Measuring the Economys Output
  5. Question
    The Table Below Indicates the Price and Output Data Over
Solved

The Table Below Indicates the Price and Output Data Over

Question 42

Question 42

Multiple Choice

The table below indicates the price and output data over a five year period for an economy that produces only one good.
The table below indicates the price and output data over a five year period for an economy that produces only one good.    -Refer to the above data.If year 2 is the base year,real GDP in year 5 is: A)  $120 B)  $90 C)  $60 D)  $30
-Refer to the above data.If year 2 is the base year,real GDP in year 5 is:


A) $120
B) $90
C) $60
D) $30

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q39: Suppose nominal GDP was $360 billion in

Q45: The table below indicates the price and

Q46: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2474/.jpg" alt=" -Refer to the

Q69: In the treatment of Canadian exports and

Q130: The GDP price index:<br>A)includes fewer goods and

Q140: Which of the following is the smallest

Q165: A business buys $5,000 worth of resources

Q166: If depreciation exceeds gross investment,<br>A) the economy's

Q185: If real GDP in a particular year

Q199: In an economy, the value of inventories

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines