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>24.75<br>17<br>13<br>6<br>27.5<br>10<br>12<br>5.5<br>6<br>57.5<br>4<br>6<br>14<br>14<br>10<br>2014<br>2015<br>2016<br>60.5<br>63.5<br>66<br>18<br>14<br>17<br>14<br>Using 2013 as the base year, calculate the real GDP for<br>the years 2014.<br>Select one:<br>а. 523.25<br>b. 492<br>С. 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 24.75 17 13 6 27.5 10 12 5.5 6 57.5 4 6 14 14 10 2014 2015 2016 60.5 63.5 66 18 14 17 14 Using 2013 as the base year, calculate the real GDP for the years 2014. Select one: а. 523.25 b. 492 С. 722.75 d. None of the answers are correct e. 680.5 O CO

Jun 11, 2022
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