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Table 19-18 a Very Simple Economy Produces Three Goods: Cameras

Question 77

Multiple Choice

Table 19-18
Table 19-18 A very simple economy produces three goods: cameras, legal services, and books. The quantities produced and their corresponding prices for 2008 and 2013 are shown in the table above. -Refer to Table 19-18. What is the GDP deflator in 2008 if 2013 is the base year? A) 187 B) 87 C) 8.7 D) 0.87 A very simple economy produces three goods: cameras, legal services, and books. The quantities produced and their corresponding prices for 2008 and 2013 are shown in the table above.
-Refer to Table 19-18. What is the GDP deflator in 2008 if 2013 is the base year?


A) 187
B) 87
C) 8.7
D) 0.87

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