-The Table Above Gives the Production and Prices for a Small

question 148

Multiple Choice

-The table above gives the production and prices for a small nation that produces only bread and soda.The base year is 2009.What is nominal GDP in 2009?

• A)$410
• B)$450
• C)$900
• D)$550
• E)$460

---

Definitions:

Investment Turnover

A ratio that measures the efficiency of a company in generating sales from its investments in assets.

Assets

The resources owned by a business.

Residual Income

The amount of income that an individual or company has after all personal debts and expenses, including a mortgage, have been paid.

Operating Income

Earnings before interest and taxes (EBIT), reflecting a company's profit from its core business operations.