Business, 14.04.2020 19:46 star3554

Only three goods are produced in an economy in the following amounts: A = 10, B = 30, C = 5. The current year per-unit prices of these three goods are A = $2, B = $3, and C = $1. If the per-unit prices of the three goods were each $1 in a base year used to construct a GDP price index, then the GDP price index in the current year is:

a. 255.5.
b. 100.
c. 39.3.
d. 205.5.

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Only three goods are produced in an economy in the following amounts: A = 10, B = 30, C = 5. The cur...

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