Use the Table Below to Answer the Following Questions

question 124

Multiple Choice

Use the table below to answer the following questions.
Table 20.2.6
There are only two goods in this economy.

-Refer to Table 20.2.6. Consider the data in this table. What is current nominal GDP?

• A)$189,900
• B)$192,000
• C)$95,000
• D)$93,000
• E)75,000 loaves of bread and 18,000 computer disks

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Definitions:

Incentives

Motivators or rewards given to encourage specific actions or behaviors by individuals or groups.

Decision Maker

An individual or entity responsible for making choices, often involving the selection of strategies, policies, or solutions in personal, business, or governmental contexts.

Payday Loan

A short-term, high-interest loan, typically due on the borrower's next payday.

Incentives

Benefits, rewards, or cost-saving measures provided to encourage specific actions or behaviors from individuals or organizations.