Business, 04.02.2020 05:48 Mrcastaway3036

Suppose that the country of samiam produces only eggs and ham. in 2005 it produced 100 dozen eggs at $3 per dozen and 50 pounds of ham at $4 per pound. in 2004, the base year, eggs sold for $1.50 per dozen and ham sold for $5 per pound. for 2005,

a. nominal gdp is $400, real gdp is $400, and the gdp deflator is 100.
b. nominal gdp is $500, real gdp is $400, and the gdp deflator is 80.
c. nominal gdp is $400, real gdp is $500, and the gdp deflator is 125.
d. nominal gdp is $500, real gdp is $400, and the gdp deflator is 125.

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Suppose that the country of samiam produces only eggs and ham. in 2005 it produced 100 dozen eggs at...

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