Business
Business, 01.09.2019 07:10, isabellam646

Suppose an economy’s entire output is cars. in year 1, all manufacturers produce cars at $15,000 each; the real gdp is $300,000. in year 2, 20 cars are produced at $16,000 each. what is the real gdp in year 2?

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Suppose an economy’s entire output is cars. in year 1, all manufacturers produce cars at $15,000 eac...

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