In this economy composed of two goods (computers and watches), what is the Nominal GDP for Year 2005? Quantity Year Pric

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In this economy composed of two goods (computers and watches), what is the Nominal GDP for Year 2005? Quantity Year Pric

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In This Economy Composed Of Two Goods Computers And Watches What Is The Nominal Gdp For Year 2005 Quantity Year Pric 1
In This Economy Composed Of Two Goods Computers And Watches What Is The Nominal Gdp For Year 2005 Quantity Year Pric 1 (36.84 KiB) Viewed 37 times
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In this economy composed of two goods (computers and watches), what is the Nominal GDP for Year 2005? Quantity Year Price of Quantity of Price of Computer Computers Watches of Watches 2003 $5 10 2004 $10 12 2005 $15 15 2006 $14 16 O a. $344 Ob. $321 O c. $264 Od. $252 $5 10 $6 13 $8 12 $8 15
In this economy composed of two goods (computers and watches), what is the Real GDP for Year 2005 using 2003 as Base Year? Quantity Quantity Price of Price of Year of of Computers watches Computers watches 2003 $5 10 $5 10 2004 $10 12 $6 13 2005 $15 15 $8 12 2006 $14 16 $8 15 a. $344 Ob. $135 c. $130 Od. $252
In this economy composed of two goods (computers and watches), what is the Real GDP for Year 2004 using 2003 as Base Year? Quantity Quantity Price of Price of Year of of Computers Watches Computers Watches 2003 $5 10 10 2004 $10 12 13 2005 $15 12 2006 $14 15 a. $344 O b. $125 Oc. $120 O d. $252 15 16 $5 $6 $8 $8
What is the growth rate of Real GDP from 2004 to 2005? (Use the numbers obtained from questions 1 and 2) a. 8% Ob. 8.5% O c. 7.5% O d. 15%
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