Answer to Question #289577 in Macroeconomics for GIGIG

Question

For the year Y, for five countries, one has the following information: GDP (X) = 850 000 currency X / GDP (Y) = 300 000 currency Y / GDP (Z) = 1 500 000 currency Z / GDP (T) = 725 000 currency T / GDP (W) = 1100000 currency W. Basket of products with identical products over the five economies - Basket of Products = 1.25*A + 3.5*B+2*C. Country X (prices in currency X) (Products: A / B / C): 14 / 19 / 21. Country Y (prices in currency Y) (Products: A / B / C) 25 / 32 / 39. Country Z (prices in currency Z) (Products: A / B / C) 8 / 13 / 19. Country T (prices in currency T) (Products: A / B / C) 11 / 16/ 23. Country W (prices in currency W) (Products: A / B / C) 17 / 19 / 26. The correct answer is:

Answer 1

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