Consider the data shown in the table. Assume that the economy produces only barrels of oil. What is the real GDP for this year?
$$\begin{array} { | l | c | c | }
\hline & \begin{array} { c }
\text { Barrels of } \
\text { Oil Sold }
\end{array} & \begin{array} { c }
\text { Actual } \
\text { Price }
\end{array} \
\hline \text { Last year } & 80,000 & \$ 60 \
\hline \text { This year } & 83,000 & \$ 63 \
\hline
\end{array}$$
A)$5,104,500
B)$5,229,000
C)$4,920,000
D)$4,800,000

Question

Consider the data shown in the table. Assume that the economy produces only barrels of oil. What is the real GDP for this year?
$$\begin{array} { | l | c | c | } 
\hline & \begin{array} { c } 
\text { Barrels of } \
\text { Oil Sold }
\end{array} & \begin{array} { c } 
\text { Actual } \
\text { Price }
\end{array} \
\hline \text { Last year } & 80,000 & \$ 60 \
\hline \text { This year } & 83,000 & \$ 63 \
\hline
\end{array}$$
A)$5,104,500
B)$5,229,000
C)$4,920,000
D)$4,800,000

Quizplus · Accepted Answer

The Answer of Consider the data shown in the table. Assume that the economy produces only barrels of oil. What is the real GDP for this year?
$$\begin{array} { | l | c | c | } 
\hline & \begin{array} { c } 
\text { Barrels of } \
\text { Oil Sold }
\end{array} & \begin{array} { c } 
\text { Actual } \
\text { Price }
\end{array} \
\hline \text { Last year } & 80,000 & \$ 60 \
\hline \text { This year } & 83,000 & \$ 63 \
\hline
\end{array}$$
A)$5,104,500
B)$5,229,000
C)$4,920,000
D)$4,800,000

Consider the Data Shown in the Table A)$5,104,500 B)$5,229,000 C)$4,920,000 D)$4,800,000

Consider the Data Shown in the Table A)$5,104,500
B)$5,229,000
C)$4,920,000
D)$4,800,000