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    Exam 6: GDP and the Measurement of Progress
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    If a Country Produced Nothing but 20 Smartphones and 10
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If a Country Produced Nothing but 20 Smartphones and 10

Question 195

Question 195

Multiple Choice

If a country produced nothing but 20 smartphones and 10 Blu-ray players in 2011,priced at $100 per smartphone and $200 per Blu-ray player,its GDP in 2011 would be:


A) $1,000.
B) $2,000.
C) $4,000.
D) $5,000.

Correct Answer:

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