Multiple Choice
Table 19-18
A very simple economy produces three goods: cameras,legal services,and books.The quantities produced and their corresponding prices for 2011 and 2016 are shown in the table above.
-Refer to Table 19-18.What is nominal GDP in 2016 when 2011 is the base year?
A) $28,885
B) $11,790
C) $11,200
D) $10,275
Correct Answer:

Verified
Correct Answer:
Verified
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