Refer to the Information Provided in Table 6

question 107

Multiple Choice

Refer to the information provided in Table 6.9 below to answer the questions that follow.
Table 6.9
-Refer to Table 6.9. Assume that this economy produces only two goods Good X and Good Y. The value for this economy's nominal GDP in year 2 is

• A) $168.
• B) $179.
• C) $202.
• D) $214.

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Definitions:

Complex Number

A number that can be expressed in the form \(a + bi\), where \(a\) and \(b\) are real numbers, and \(i\) is the imaginary unit satisfying \(i^2 = -1\).

Additive Inverse

A number that when added to a given number results in a sum of zero; essentially, the negative counterpart of a number.

Quotient

The result obtained when one quantity is divided by another.

Standard Form

A way of writing numbers using the digits 0-9, where each digit is placed in a specific location to indicate its value.