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The nominal value of gdp in this economy is

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Use the information in the following table to compute GDP for the current year.

Product                 / Quantity      / Price per Unit
Corn                      / 110             / $0.25
Cornbread             / 220             / $1.00
Cell phones           / 550             / $700.00
Computer games   / 1110           / $ 20.00

In this year, the nominal value of GDP in this economy is ${______}

Reference no: EM131138533

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