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Table 12-2 -Refer to Table 12-2

question 145

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Table 12-2
 Product  Quantity  Price  Shoes 40$60.00 DVDs 10018.00 Tomatoes 2,0001.00 Ketchup 3004.00\begin{array}{|c|c|r|}\hline \text { Product } & \text { Quantity } & \text { Price } \\\hline \text { Shoes } & 40 & \$ 60.00 \\\hline \text { DVDs } & 100 & 18.00 \\\hline \text { Tomatoes } & 2,000 & 1.00 \\\hline \text { Ketchup } & 300 & 4.00 \\\hline\end{array}
-Refer to Table 12-2.Suppose that a simple economy produces only four goods and services: shoes,DVDs,tomatoes,and ketchup.Assume one half of the tomatoes are used in making the ketchup and the other half of the tomatoes are purchased by households.Using the information in the above table,nominal GDP for this simple economy equals


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The component of the body comprised of the heart, blood vessels, and blood, responsible for circulating nutrients and oxygen to tissues and removing carbon dioxide and other wastes.

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The tendency of a material to break or shatter without significant deformation when under stress.

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