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    Essential Foundations of Economics Study Set 1
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    Exam 14: Gdp: a Measure of Total Production and Income
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    -The Table Above Gives the Production and Prices for a Small
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-The Table Above Gives the Production and Prices for a Small

Question 148

Question 148

Multiple Choice

    -The table above gives the production and prices for a small nation that produces only bread and soda.The base year is 2009.What is nominal GDP in 2009? A) $410 B) $450 C) $900 D) $550 E) $460     -The table above gives the production and prices for a small nation that produces only bread and soda.The base year is 2009.What is nominal GDP in 2009? A) $410 B) $450 C) $900 D) $550 E) $460
-The table above gives the production and prices for a small nation that produces only bread and soda.The base year is 2009.What is nominal GDP in 2009?


A) $410
B) $450
C) $900
D) $550
E) $460

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