(Choose 1 answer)
(17770) Refer to Table 23-5. In 2007, Batterland's nominal GDP was
A. $540.
B. $300.
C. $400.
D. $390.
Table 23-5
The table below contains data for the country of Batterland,which produces only waffles and pancakes. The base year is 2008.
Year
Price of Waffles
$2
$2
$3
$4
Quantity of Waffles
100
120
150
180
Price of Pancakes
$1
$2
$3
$3
Quantity of Pancakes
100
150
200
220
2010
2009
2008
2007
Exit 39
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