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Do the Math!
Pretend that you live in an area with a very tiny
economy. Your economy only has a few goods that producers create to sell
to consumers. You are able to buy 12 motorcycles, 8 desks, 5 winter coats,
and 2 pairs of sunglasses. Each motorcycle costs $9,000. Each desk costs
$1,000. Each winter coat costs $200. Each pair of sunglasses costs $50.
What is the GDP of your tiny economy?
For each calculation below, click on the drop-down
list and choose the correct answer.
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1. |
9,000 x 12 = ____ |
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2. |
1,000 x ____ = 8,000 |
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3. |
____ x 5 = 1,000 |
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4. |
50 x 2 = ____ |
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Now it is time to add up the final dollar amounts.
Do your math and then click here to get
the GDP.
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