Business, 04.09.2021 20:00, maxzavala364

Consider the following data, which shows the quantities and prices of two goods produced in the economy, to answer the following questions:
Quantity
produced Price
Cell phones 5 million $100/cell phone
Pizza 25 million $10/pizza
Assuming these are the only two goods produced in the economy, what is
the value of the gross domestic product (GDP)?

Answers: 2

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Consider the following data, which shows the quantities and prices of two goods produced in the ec...