In the imaginary island of Atlantica production only includes coconuts and pineapples. The table below reports the quantity of coconuts and pineapples sold in Atlantica along with their prices. Based on this data and using 2013 as the base year what was Atlantica's real GDP in 2015? Year Quantity of coconuts Price per coconut Quantity of pineapples Price per pineapple 2010 200 $3 150 $2 2013 210 $4 150 $2.5 2015 250 $5 175 $4 Select one: O a. $1650 o b. $1215 O c. $1437.5 o d. $1300

In the imaginary island of Atlantica production only includes coconuts and pineapples. The table below reports the quantity of coconuts and pineapples sold in Atlantica along with their prices. Based on this data and using 2013 as the base year what was Atlantica's real GDP in 2015? Year Quantity of coconuts Price per coconut Quantity of pineapples Price per pineapple 2010 200 $3 150 $2 2013 210 $4 150 $2.5 2015 250 $5 175 $4 Select one: O a. $1650 o b. $1215 O c. $1437.5 o d. $1300

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter5: Measuring A Nation's Income

Section: Chapter Questions

Problem 7QR

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