2006 Statistics 2007 Statistics 2008 Statistics Product Quantity Price Quantity Price Quantity Price Window Washing 90 Baseballs $50.00 100 $60.00 100 $65.00 75 $2.00 100 $2.00 120 $2.25 $30.00 50 $25.00 65 Hammers 50 $25.00 Based on the data above, what is the real gdp for 2008? $3585 $7190 $6190 $7395

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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1
2006 Statistics
2007 Statistics
2008 Statistics
Product
Quantity Price
Quantity
Quantity
Price
Price
Quantity Price
Window Washing
90 $50.00
100 $60.00 100 $65.00
Baseballs
75 $2.00 100
$2.00 120
$2.25
Hammers
50 $30.00 50
$25.00 65
$25.00
Based on the data above, what is the real gdp for 2008?
$3585
$7190
$6190
$7395
Transcribed Image Text:2006 Statistics 2007 Statistics 2008 Statistics Product Quantity Price Quantity Quantity Price Price Quantity Price Window Washing 90 $50.00 100 $60.00 100 $65.00 Baseballs 75 $2.00 100 $2.00 120 $2.25 Hammers 50 $30.00 50 $25.00 65 $25.00 Based on the data above, what is the real gdp for 2008? $3585 $7190 $6190 $7395
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