1. Calculate the value of nominal GDP for 2004.a. PHP800b. P1,060c. P1,200d. P1,460 *base year is 2003 Price of ballpen (PHP) Quantity of ballpen Price of pencils (PHP) Quantity of pencils Year 2003 3...


1. Calculate the value of nominal GDP for 2004.
a. PHP800
b. P1,060
c. P1,200
d. P1,460


*base year is 2003


Price of ballpen<br>(PHP)<br>Quantity of<br>ballpen<br>Price of pencils<br>(PHP)<br>Quantity of<br>pencils<br>Year<br>2003<br>3<br>100<br>10<br>50<br>2004<br>3<br>120<br>12<br>70<br>2005<br>4<br>120<br>14<br>70<br>

Extracted text: Price of ballpen (PHP) Quantity of ballpen Price of pencils (PHP) Quantity of pencils Year 2003 3 100 10 50 2004 3 120 12 70 2005 4 120 14 70

Jun 11, 2022
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