Table 8-13
Oranges Price of Shirts Price of
Year Produced Oranges Produced Shirts
2016<...
Table 8-13
Oranges Price of Shirts Price of
Year Produced Oranges Produced Shirts
2016
1,800 $0.90
110 $30.00
2018
2,000
1.00
110
35.00
Consider the data shown above for Vicuna, a country that produces only two products: oranges and shirts.
Refer to Table 8-13. Real GDP for Vicuna for 2016 using 2018 as the base year equals
O $5,850
$5,650.
O $5,100.
O $4,620
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