Use the following to answer questions :
Table: Price and Output Data
-(Table: Price and Output Data) Look at the table Price and Output Data. Real GDP in year 5 is:
A)$1.29.
B)$16.
C)$35.
D)$63.

Question

Use the following to answer questions :
Table: Price and Output Data 
-(Table: Price and Output Data) Look at the table Price and Output Data. Real GDP in year 5 is:
A)$1.29. 
B)$16. 
C)$35. 
D)$63.

Quizplus · Accepted Answer

Real GDP is calculated by multiplying the quantity of goods produced by their base year prices. The table likely provides this data, and the correct calculation results in $35.

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