The planet of Sunev produces only two goods: lambs and vases. In the base year, it produced 50
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Business, 28.05.2020 04:01 Jenifermorales101
The planet of Sunev produces only two goods: lambs and vases. In the base year, it produced 50
lambs and 30 vases, and last year, it produced 60 lambs and 35 vases.
Since the base year, the prices
of these goods have been $4 a lamb and $5 a vase. Last year, nominal GDP was and
real GDP was .
(a) $350; $415
(b) $350; $350
(c) $415; $350
(d) $415; $415
Answers: 1
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