5. The table below contains data for the country of Batterland, which produces only waffles and pancakes. The base year is 2006. Price of Waffles Year 2005 2006 2007 2008 a. b. C. d. e. f. $2 $2 $3 $4 Refer to Table above. In 2005, Batterland's nominal GDP was Refer to Table above. In 2006, Batterland's nominal GDP was Refer to Table above. In 2005, Batterland's real GDP was Refer to Table above. In 2006, Batterland's real GDP was Refer to Table above. In 2007, Batterland's real GDP was Refer to Table above. In 2005, Batterland's GDP deflator was Refer to Table above. In 2006, Batterland's GDP deflator was h. Refer to Table above. In 2007, Batterland's GDP deflator was 60 Quantity of Waffles 100 120 150 180 Price of Pancakes Quantity of Pancakes 100 150 200 220 $1 $2 $3 $3

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Chapter5: Measuring A Nation's Income
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5. The table below contains data for the country of Batterland, which produces only waffles and
pancakes. The base year is 2006.
Price of Waffles
Year
2005
2006
2007
2008
a.
b.
نه نه نه
$2
$2
$3
$4
Quantity of Waffles
100
120
150
180
Refer to Table above. In 2005, Batterland's nominal GDP was
Refer to Table above. In 2006, Batterland's nominal GDP was
Refer to Table above. In 2005, Batterland's real GDP was
d. Refer to Table above. In 2006, Batterland's real GDP was
e. Refer to Table above. In 2007, Batterland's real GDP was
C.
f.
Price of Pancakes Quantity of Pancakes
100
$1
$2
$3
$3
Refer to Table above. In 2005, Batterland's GDP deflator was
Refer to Table above. In 2006, Batterland's GDP deflator was
h. Refer to Table above. In 2007, Batterland's GDP deflator was
150
200
220
Transcribed Image Text:5. The table below contains data for the country of Batterland, which produces only waffles and pancakes. The base year is 2006. Price of Waffles Year 2005 2006 2007 2008 a. b. نه نه نه $2 $2 $3 $4 Quantity of Waffles 100 120 150 180 Refer to Table above. In 2005, Batterland's nominal GDP was Refer to Table above. In 2006, Batterland's nominal GDP was Refer to Table above. In 2005, Batterland's real GDP was d. Refer to Table above. In 2006, Batterland's real GDP was e. Refer to Table above. In 2007, Batterland's real GDP was C. f. Price of Pancakes Quantity of Pancakes 100 $1 $2 $3 $3 Refer to Table above. In 2005, Batterland's GDP deflator was Refer to Table above. In 2006, Batterland's GDP deflator was h. Refer to Table above. In 2007, Batterland's GDP deflator was 150 200 220
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