During Last Year, a Country Produced 20,000 Pizzas and 10,000

question 5

Multiple Choice

During last year, a country produced 20,000 pizzas and 10,000 hamburgers and nothing else. The pizzas sold for $10.00 each and the hamburgers for $3.00 each. Nominal GDP was

• A)$390,000.
• B)$230,000.
• C)$460,000.
• D)$360,000.
• E)$70,000.

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