Table 12-13 Consider the Data Shown Above for Vicuna, a Country That

question 222

Multiple Choice

Table 12-13
$\begin{array}{|c|c|c|c|c|}\hline \text { Year } & \begin{array}{c}\text { Oranges } \\\text { Produced }\end{array} & \begin{array}{c}\text { Price of } \\\text { Oranges }\end{array} & \begin{array}{c}\text { Shirts } \\\text { Produced }\end{array} & \begin{array}{c}\text { Price of } \\\text { Shirts }\end{array} \\\hline 2016 & 1,800 & \$ 0.90 & 110 & \$ 30.00 \\\hline 2018 & 2,000 & 1.00 & 110 & 35.00 \\\hline\end{array}$ Consider the data shown above for Vicuna, a country that produces only two products: oranges and shirts.
-Refer to Table 12-13.Real GDP for Vicuna for 2016 using 2018 as the base year equals

• A) $4,620.
• B) $5,100.
• C) $5,650.
• D) $5,850.

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Natural Resources

Assets that are found in nature and are used in the production of goods and services, such as timber, oil, and minerals.