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    Essentials of Economics
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    Exam 12: GDP: Measuring Total Production and Income
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    Table 12-8 Consider the Following Data for Tyrovia,a Country That
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Table 12-8 Consider the Following Data for Tyrovia,a Country That

Question 25

Question 25

Multiple Choice

Table 12-8
Table 12-8    Consider the following data for Tyrovia,a country that produces only two products: guns and butter. -Refer to Table 12-8.Nominal GDP for Tyrovia in 2011 equals A) $1,140. B) $880. C) $690. D) $560. Consider the following data for Tyrovia,a country that produces only two products: guns and butter.
-Refer to Table 12-8.Nominal GDP for Tyrovia in 2011 equals


A) $1,140.
B) $880.
C) $690.
D) $560.

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