The GDP price index equals i. nominal GDP divided by real GDP ...

[saliriagwu]

The GDP price index equals
 
  i. nominal GDP divided by real GDP multiplied by 100.
  ii. a measure of the price level.
  iii. an average of current prices expressed as a percentage of base-year prices.
  A) i, ii, and iii B) iii only C) ii and iii D) i only E) i and ii

Question 2

The table above shows a nation's production possibilities frontier. If the nation wants to produce 4 robots and 34 pizzas,
 
  A) the nation will be producing inefficiently.
  B) the opportunity cost is 9 pizzas.
  C) it will shift the production possibilities frontier.
  D) it will be unable to do so because the production point is unattainable.
  E) the nation will then be producing at a production efficient point.

[xMRAZ]

Answer to Question 1

A

Answer to Question 2

D

[saliriagwu]

Excellent

[gcook]

Gracias!