The Following Table Contains Prices and Quantities for the Three

question 109

Multiple Choice

The following table contains prices and quantities for the three goods produced in the country of Linfieldia.

-Refer to the table above.Assuming that 2015 is the base year,what is nominal GDP for 2014?

• A) $4,350
• B) $5,340
• C) $5,680
• D) $6,770

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Definitions:

Orders

Instructions or commands given by an authority, or requests for goods or services in commerce.

Productivity

The measure of efficiency in which goods and services are produced, often within a specific period.

Belong

Refers to the feeling of being accepted and included in a group or community.

Successful Leaders

Individuals who can inspire and motivate others to achieve a common goal, demonstrating vision, communication skills, and the ability to make strategic decisions.