Table 5-3 Shows Price and Output Data for a Small

question 38

Multiple Choice

Table 5-3 shows price and output data for a small nation. Consider 2003 as the base period. Use the table to answer question 61.
Table 5-3

-Refer to Table 5-3. What is the value of nominal output in 2003?

• A) $100,000
• B) $500,000
• C) $125,000
• D) $200,000

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