The table below contains data for the country of Batterland, which produces only waffles and pancakes. The base year is 2013. Prices and Quantities Year Price of Waffles Quantity of Waffles Price of Quantity of Pancakes Pancakes 2010 $2.00 80 $1.00 100 2011 $2.00 100 $2.00 120 2012 $2.00 120 $3.00 150 55 2013 $4.00 150 $3.00 200 Refer to Table 23-6. In 2011, this country's nominal GDP was $260. $440. $620. $760.
The table below contains data for the country of Batterland, which produces only waffles and pancakes. The base year is 2013. Prices and Quantities Year Price of Waffles Quantity of Waffles Price of Quantity of Pancakes Pancakes 2010 $2.00 80 $1.00 100 2011 $2.00 100 $2.00 120 2012 $2.00 120 $3.00 150 55 2013 $4.00 150 $3.00 200 Refer to Table 23-6. In 2011, this country's nominal GDP was $260. $440. $620. $760.
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Transcribed Image Text:The table below contains data for the country of Batterland, which produces only waffles and pancakes. The base year
is 2013.
Prices and Quantities
Year
Price of
Waffles
Quantity of
Waffles
Price of
Quantity of
Pancakes
Pancakes
2010
$2.00
80
$1.00
100
2011
$2.00
100
$2.00
120
2012
$2.00
120
$3.00
150
55
2013
$4.00
150
$3.00
200
Refer to Table 23-6. In 2011, this country's nominal GDP was
$260.
$440.
$620.
$760.
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