题目
单项选择题
We are studying an economy that produces and consumes two goods: hot dogs and hamburgers. The table below shows data for years 2010 and 2020. [table] | Year 2010 | Year 2020 Price of a hot dog | $2 | $4 Price of a hamburger | $3 | $4 Quantity of hot dogs | 200 | 250 Quantity of hamburgers | 200 | 500 [/table] Calculate nominal GDP 2010
选项
A.a. 1200
B.b. 1100
C.c. 1000
D.d. 900
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标准答案
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思路分析
First, restating the data clearly helps orient the calculation. We are told to compute nominal GDP in 2010, which is the sum of current-year prices times current-year quantities for all goods.
Option a: 1200. To check this, multiply the 2010 prices by 2010 quantities: hot dogs: 2 dollars × 200 = ......Login to view full explanation登录即可查看完整答案
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We are studying an economy that produces and consumes two goods: hot dogs and hamburgers. The table below shows data for years 2010 and 2020. [table] | Year 2010 | Year 2020 Price of a hot dog | $2 | $4 Price of a hamburger | $3 | $4 Quantity of hot dogs | 200 | 250 Quantity of hamburgers | 200 | 500 [/table] Calculate nominal GDP 2020
We are studying an economy that produces and consumes two goods: hot dogs and hamburgers. The table below shows data for years 2010 and 2020. [table] | Year 2010 | Year 2020 Price of a hot dog | $2 | $4 Price of a hamburger | $3 | $4 Quantity of hot dogs | 200 | 250 Quantity of hamburgers | 200 | 500 [/table] Calculate nominal GDP 2020
MC Qu. 114 Nominal GDP is... Nominal GDP is
We are studying an economy that produces and consumes two goods: hot dogs and hamburgers. The table below shows data for years 2010 and 2020. [table] | Year 2010 | Year 2020 Price of a hot dog | $2 | $4 Price of a hamburger | $3 | $4 Quantity of hot dogs | 200 | 250 Quantity of hamburgers | 200 | 500 [/table] Calculate nominal GDP 2010
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