This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Table 8-18 A very simple economy produces three goods: cameras, legal services, and books. The ... (Read 43 times)

notis

  • Hero Member
  • *****
  • Posts: 596
on: Mar 16, 2019

Question 1

Table 8-17








A very simple economy produces three goods: movies, burgers, and bikes. The quantities produced and their corresponding prices for 2011 and 2016 are shown in the table above. 






Refer to Table 8-17. What is real GDP in 2016, using 2011 as the base year?


◦ $3,320
◦ $3,690
◦ $6,360
◦ $7,035

Question 2

Table 8-18








A very simple economy produces three goods: cameras, legal services, and books. The quantities produced and their corresponding prices for 2011 and 2016 are shown in the table above. 






Refer to Table 8-18. What is real GDP in 2016, using 2011 as the base year?


◦ $28,885
◦ $11,790
◦ $11,200
◦ $10,275
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by notis on Mar 16, 2019

meryzewe

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


notis

  • Hero Member
  • *****
  • Posts: 596
Reply #2 on: Mar 16, 2019
Excellent


meryzewe

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Mar 16, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

A Simple Neural Model of Classical Conditioning A Simple Neural Model of Classical Conditioning
Fluidization - Calibration Table Pump #2 Fluidization - Calibration Table Pump #2
Layers of sheets and towels on the table for a body wrap. Layers of sheets and towels on the table for a body wrap.
List transformations and Create a table of values for the following log function: List transformations and Create a table of values for the following log function:
Table salt. Table salt.
Hardy–Weinberg Mating Table for Two Alleles of an Autosomal Gene Hardy–Weinberg Mating Table for Two Alleles of an Autosomal Gene
Video: Hydrogen bonds - role in the body

For a complete list of videos, visit our video library