题目
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 2020

选项
A.a. 3500
B.b. 2000
C.c. 2500
D.d. 3000
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思路分析
We are given data for two goods across two years and asked for nominal GDP in 2020. Nominal GDP is calculated using current year prices times current year quantities. Option a: 3500. If we compute 2020 using the prices ($4 for hot dogs and $4 for hamburgers) and the 2020 quan......Login to view full explanation

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