Subject:
EconomyAuthor:
micahmurrayCreated:
1 year agoAnswer: The correct answer is 3,50,000.
Explanation: Nominal GDP is a measurement of economic output in an economy that takes into account current prices.
Nominal GDP = Quantity * Market Price
According to the question,
For computers, 30*10,000 = 3,00,000
For Bread, 10,000*5 = 50,000
So, Nominal GDP = 3,00,000 + 50,000 = 3,50,000
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