(Table: Real and Nominal Output) Use Table: Real and Nominal Output. Nominal GDP in year 2 is equal to:
A) $40
B) $40.
C) $60
D) $60.
E) $100
F) $100.
G) $280
H) $280.
Correct Answer:
Verified
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Q137: In the circular flow diagram, households:
A)supply goods.
B)supply
Q138: (Table: Price and Output Data) Use
Q139: (Table: Price and Output Data) Use
Q140: In the circular flow diagram, firms:
A)buy goods.
B)buy
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