Solved

Table 5-5 A Hypothetical Country of Lahland Produces Only Movies and Popcorn

Question 1

Multiple Choice

Table 5-5
A hypothetical country of Lahland produces only movies and popcorn. Quantities and prices of these goods for the last several years are shown below. The base year is 2009.
Prices and Quantities
Table 5-5 A hypothetical country of Lahland produces only movies and popcorn. Quantities and prices of these goods for the last several years are shown below. The base year is 2009. Prices and Quantities -Refer to Table 5-5 What was this country's nominal GDP in 2009? A) $7,600 B) $9,100 C) $9,500 D) $10,500
-Refer to Table 5-5 What was this country's nominal GDP in 2009?


A) $7,600
B) $9,100
C) $9,500
D) $10,500

Correct Answer:

verifed

Verified

Related Questions

Q2: Macroeconomists study<br>A)the decisions of individual households and

Q12: If in some year nominal GDP was

Q21: In a simple circular-flow diagram,households buy goods

Q24: A consumer buys toys made in China.

Q37: If you buy a burger and fries

Q67: Macroeconomics is the study of the economy

Q184: In the economy of Ukzten in 2010,

Q226: Because every transaction has a buyer and

Q321: Sally purchases a classic 1964 car she

Q379: In 2009, U.S. GDP was almost<br>A)$3 trillion.<br>B)$7