The next few questions are about Ec102nia, a fictional country populated by Ec102 students. Data on purchases of different goods and services in 2020 and 2021 is in the table below. For these problems use 2020 as the base year. Year 2020 Year 2021 Price Quantity Price Quantity Shiba dogs 50 38 40 38 Hugs (at a cuddle café) 6 40 15 40 Doritos Tacos 38 12 38 Textbooks 7 20 15 20 economics tutoring 30 41 29 41 Corgis 17 39 34 39 Star Wars toys 33 33 45 33 The SUM function will sum the numbers in a group of cells you highlight.) What was the nominal GDP for Ec102nia in 2021?

The next few questions are about Ec102nia, a fictional country populated by Ec102 students. Data on purchases of different goods and services in 2020 and 2021 is in the table below. For these problems use 2020 as the base year. Year 2020 Year 2021 Price Quantity Price Quantity Shiba dogs 50 38 40 38 Hugs (at a cuddle café) 6 40 15 40 Doritos Tacos 38 12 38 Textbooks 7 20 15 20 economics tutoring 30 41 29 41 Corgis 17 39 34 39 Star Wars toys 33 33 45 33 The SUM function will sum the numbers in a group of cells you highlight.) What was the nominal GDP for Ec102nia in 2021?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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