A small economy produces three main products, products A, B, and C. The following table indicates the prices and quantities for the three products from 2013 to 2016. Product A Product B Product C Year...


A small economy produces three main products,<br>products A, B, and C. The following table indicates the<br>prices and quantities for the three products from 2013<br>to 2016.<br>Product A<br>Product B<br>Product C<br>Year<br>Price<br>Quantit Price<br>Quantit Price<br>Quantit<br>2013<br>57.5<br>60.5<br>24.75 4<br>12<br>5.5<br>6<br>14<br>6<br>4<br>2014<br>2015<br>2016<br>4<br>63.5<br>66<br>13<br>7<br>10<br>6<br>27.5<br>4<br>10<br>17<br>Using 2013 as the base year, calculate the real GDP for the years 2016.<br>Select one:<br>а. 492<br>b. 523.25<br>C. 722.75<br>d. None of the answers are correct<br>e. 680.5<br>O CO<br>

Extracted text: A small economy produces three main products, products A, B, and C. The following table indicates the prices and quantities for the three products from 2013 to 2016. Product A Product B Product C Year Price Quantit Price Quantit Price Quantit 2013 57.5 60.5 24.75 4 12 5.5 6 14 6 4 2014 2015 2016 4 63.5 66 13 7 10 6 27.5 4 10 17 Using 2013 as the base year, calculate the real GDP for the years 2016. Select one: а. 492 b. 523.25 C. 722.75 d. None of the answers are correct e. 680.5 O CO

Jun 11, 2022
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