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Use the Following to Answer Questions: Table: Three-Good Economy I

question 159

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Use the following to answer questions: Table: Three-Good Economy I  Product  Quantity (2008)   Price (2008)   Quantity (2009)   Price (2009)   Computers 25$800.0030$1,000.00 Pizzas 909.0010010.00 Burgers 1801.802002.00\begin{array} { l c c c c } \hline \text { Product } & \text { Quantity (2008) } & \text { Price (2008) } & \text { Quantity (2009) } & \text { Price (2009) } \\\hline \text { Computers } & 25 & \$ 800.00 & 30 & \$ 1,000.00 \\\text { Pizzas } & 90 & 9.00 & 100 & 10.00 \\\text { Burgers } & 180 & 1.80 & 200 & 2.00 \\\hline\end{array}
-(Table: Three-Good Economy I) Suppose an economy produces only the three final goods shown in the table. The table gives information on the quantities produced and price of goods sold in 2008 and 2009. What is the nominal GDP in 2009?

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Definitions:

Lewis Structure

A diagrammatic representation of the bonding between atoms of a molecule and the lone pairs of electrons in the molecule, showing how valence electrons are distributed.

Oxygen Molecule

A diatomic molecule composed of two oxygen atoms (O2), essential for aerobic respiration in animals.

Resonance Structure

Different forms of a molecule where the chemical connectivity is the same but the electrons are distributed differently around the structure.

Ammonia Molecule

A compound composed of one nitrogen atom and three hydrogen atoms (NH3), notable for its sharp odor.

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