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12-11-2020
Advanced Placement (AP)

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The table above shows data for the economy of fruitland, which produces two goods, apples and oranges

Respuesta :

20-11-2020

Answer:

Nominal GDP for fruitland in 2005 is $10 and $17 in 2006

Explanation:

Nominal Gross domestic product is the value which is estimated by the current market prices. This is the sum of the monetary value of all goods and services produced in the country. The nominal GDP is the total value of apples and oranges produced in the Fruitland.

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