The nation of "Lunch" is a simple nation with no government and no trading partners....
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Accounting
The nation of "Lunch" is a simple nation with no government and no trading partners. During the past two years, the producers of Lunch made and sold the following items Good 2008 Quantity 2008 Price 2009 Quantity 2009 Price Apples 100 $0.75 102 $0.77 Peanut Butter 1200 $0.50 210 $0.48 Kounces) Bread (slices) 400 $0.20 420 $0.20 2009 Quantity 2009 Price The consumers of lunch made the following purchases: Good 2008 Quantity 2008 Price Apples 100 $0.75 Peanut Butter 200 $1.00 Sandwiches 102 $0.77 210 $1.00 Based on the table, calculate Real GDP for 2009, assuming 2008 is the base year: Select one a $288.54 b. $286.50 c. $229.50 Cleat my choice
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