OMEWORK.docx W Page 2 > of 3 ZOOM + 5. Suppose that a simple economy produces only three goods and services: sweatshirts, dental examinations, coffee drinks. Using the information in the table below, calculate the nominal GDP for this simple economy Product Quantity Sweatshirts Price $35.00 75.00 Dental examinations Coffee drinks 1,000 6 Refer to Table below Asery simple economy produces two goods cameras and legal services. The quantities produced and their corresponding prices for 2015 and

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OMEWORK.docx
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> of 3
+
5. Suppose that a simple economy produces only three goods and services: sweatshirts,
dental examinations, coffee drinks. Using the information in the table below, calculate
the nominal GDP for this simple economy
Product
Sweatshirts
Quantity
50
Price
$35.00
Coffee drinks
1,000
6. Refer to Table below. A very simple economy produces two goods cameras and
lezal services. The
and the
pon
ading prices for 2015 and
ON
D
Transcribed Image Text:OMEWORK.docx Page < > of 3 + 5. Suppose that a simple economy produces only three goods and services: sweatshirts, dental examinations, coffee drinks. Using the information in the table below, calculate the nominal GDP for this simple economy Product Sweatshirts Quantity 50 Price $35.00 Coffee drinks 1,000 6. Refer to Table below. A very simple economy produces two goods cameras and lezal services. The and the pon ading prices for 2015 and ON D
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