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adriii0825 adriii0825
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A month 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 1991 was ________.

▸ $144,000

▸ $132,000

▸ $120,000

▸ $110,000
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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cskeen80cskeen80
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$132,000
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