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Home Q & A Board Other Fields Homework Help Business Economics
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zitze zitze
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A year ago
Scenario: Bookland is a country that produces only books. In 1990, Bookland produced 10,000 books at a market price of $10 each. In 1991, Bookland produced 11,000 books at a market price of $12 each.


Refer to the scenario above. The nominal GDP in Bookland in 1990 was ________.

▸ $100,000

▸ $110,000

▸ $120,000

▸ $10,000
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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bamboofactorbamboofactor
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