ECONOMICS (CBSE/UGC NET)

ECONOMICS

GDP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A Chik-fil-A milkshake today costs $2.75. The Camden location sold 5, 000, 000 this year. In 1961, it cost $0.80 and they sold 2, 000, 000. How do I find the nominal GDP for Chik-fil-A milkshakes in 1961?
A
2.75 x 5, 000, 000
B
.80 x 2, 000, 000
C
.80 x 5, 000, 000
D
2.75 x 2, 000, 000
Explanation: 
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